Calgary_AB wrote: It's funny how the Wabouchians brainwashed like mick can
read into anything that doesn't even have anything to do with NMX but promotes EV or LI even if it's on another continent but can not see that PL said "NO" twice...
you guys refuse to see reality that's right in front of you.
Where is Takeaction and Tiger? holiday again?
I Told you so; -NMX LONGS lose their shirts
-UK brexit will happen and it did
-EU will be done before year end.
-Globalism is DEAD
-Climate change narrative is a HOAX
-Global recession like we never even heard of in history of mankind
-Financial system will have to be changed
-Debts will be wiped out to zero...wink wink, load up your credit, I did, I took out mortgages and lines of credit and filled them up to max...DON'T LET A CRISES GO TO WASTE, specially this one is the biggest one in history and you or even your great grandkids will never have this opportunity... -Buy silver and gold, now almost impossible to get the physical but miners are still cheap
-LI is not a recession asset, I said it before; when people don't have food they don't buy EV's
-Oil will be again a commodity after this recession is over.
- Li might come back in a few years, maybe...?!
SILVER to GOLD ratio is around 122 and will probably go higher for another month and then it will rush to catch up with gold... silver gold ratio should be around 8 to 15 not 122 to 150
Smart people bought silver coins and exchange them for gold coins later when the ratio is 8 - 15
Gold/silver mining is going to make a lot of people very rich (aka Calgary_AB) my portfolio is 100% gold silver miners (juniors, mid and seniors)
I will sell gold when the brainwashed wake up and rush in to buy gold...and with that profit I will buy Oil companies and maybe LI if I find it viable...
WAKE UP PEOPLE, not too late to get ready, of course people that bought when I first told you have an advantage but still not too late...
Gold is USD 1600 but dollar to gold ratio is at USD 16,000 by the time they change the system Gold can be over 100,000 (calculated in buying power)
Stay away from bitcoin, it's a scam
They might come up with a digital currency but it has to be backed by GOLD otherwise it's going from one fiat currency to another...
GOLD/SILVER/precious metals are the only REAL MONEY Mick, Tcheck, Takeaction, Electricman and all the other long losers,
when was I wrong? pull up one post where I was wrong...might not be 100% like I told mick brexit by Oct but it did happen by Jan so I was off by 3 months...I predicted NMX to be bought out by SB and taken private but who knows someone else might buy them or noone....we'll see...
I predicted the recession and world monetary system change years ago and posted here...
and even more important for you to think about is that no matter how ridiculous it sounded it is still happening doesn't it ?! does it not make you think???
and then here is a video of Madonna:
https://www.youtube.com/watch?v=VG3WkiL0d_U
Pay attention to this video...when did the video come out? did you catch that?
GOT GOLD?
Calgary_AB wrote: Mick, jus ta quick reply as I don't have too much time...
+50 million comes from NMX's screw ups paying interest on money they can't use plus closing a contract with FMC + we don't even know how much all the lawyers cost...
twice PL said NO, once when the first date was (I think it was Oct 30) then Dec 31...just by not having a deal signed it means "NO"
NMX SP last traded at 0.15 I think and then delisted, just to think that anyone would pay even 0.10 means you are CRAZY or very stupid or both...
NMX as it stands it's not worth the paper that shares are printed on...
NMX is DEAD
Got gold mick?
Wake up
mick1888 wrote: CalAB a prime example of the sh!te you talk sometimes;
Calgary_AB wrote: mick...my calculator is different than yours 350+375+50=775
where does the +50 come from? and let's not even talk about the business damage that GB has done by signing all the contracts and NMX is not honoring...very bad for business...there is ZERO chance that NMX will ever be able to do business under this name or under this structure...has to be sold in Liquidation and all commitments wipped out (including the reatil investors).
its funny how you call a mine substantially completed bad business. Without a little 'fancy footwork' this project would never have been started CEO lied, deceived and navely went ahead with stupid plans and deals.
ditto 'footwork' CEO disappeared before he got fired, proves he was way over his head but no one questioned him before, he was able to convince people but now people are awake.
and he leaves a well advanced project in his wake PL has already said twice they had no interest.
could you please provide the link, date or anything else in evidence of them indicating even once (never mind twice) SoftBank is in a lot of trouble as we speak, they fight for their own survival
YOY their stock price is up 17.5%.... ;-) not many companies are in that position as we speak.... ;-) Talking about $0.25 is stupid, the 0.25 talk was when NMX was trading at 0.30’s and 0.50’s…
0.25 is a documented fact, no other figure before or after has credence now it is INSOLVENT with broken contracts, delisted under CCAA protection.
and in the process of being restructured NO SANE INVESTORS will touch this. Anyone with an interest will make an offer to buy it straight out for pennies in the dollar that will not be nearly enough to pay the current obligations or the secured investors…in a case like this the secured investors look at the offer and decide as a group if they accept the offer or not. No Retail investor has a word to say here…100% of the time secured investors take the best offer and divide it as a percentage between themselves and the company declares bankruptcy and finally dissolves…
we will know for a fact in a few weeks if retail investors will be accepted as creditors by the judge in the CCAA (please every shareholder register - you have until 17 April). Saying anything else is misleading 100 % of the time retail investors stay in the dark throughout the process and out of nowhere they find out NMX doesn’t exist anymore
retial do not have to stay in the dark if they join the existing action by Me Jean Lozeau on behalf of the Nemaska Lithium Investors Group It is STUPID to think and keep bringing up the 0.25 per share offer…PL never offered anything, they were offered that by NMX and they already said NO, do you get it?
Nonsense, absolute rubbish man. So we all imagined the conference call with the CEO of Pallinghurst confirming without a doubt he would not be reducing the 0.25 offer. It was NMX extending the timelines not PL…PL was offered stuff they didn’t want to start with.
ditto as above conference call and press release dated 7 Oct 2019 Here is so you understand:
You are looking for a vehicle, I sell my vehicle…I give you a price I want and give you a date you need to decide by and you say “I’ll think about it” you come back and say “sorry I don’t want it” I say “ok, I’ll give you more time to think about” you say “ok, whatever but I don’t want it…”
There is no deal, PL made their decision and NMX kept extending the timeline but not because PL asked for it…
ditto as above conference call and press release dated 7 Oct 2019 THERE IS NO DEAL
You are correct with this, AT THE MOMENT.... ;-) mick1888 wrote: TTT - there was no additional interest due at time of bond repayment and settlement was made from the existing overrun account. So to be clear, what has to be replaced is the 350m bonds only and the original shortfall (375m) although Pallinghurst had indicated 600m to be on the safe side. So the overall figure is around 1B. 25c would be a better outcome and I see no reason why it cannot achieve this?