Calgary_AB wrote: Georgebc,
I may be a critique of NMX at times but this is plain and simple stupid what you just posted…It says a lot about you as an individual…
#1 it is not all that bad financial and management, I've seen worse....it is not great and they need to learn how to make better deals but it's not the end of hope...
#2 from my understanding it is proven technology, it was on the news today...that is one of the clear and great things about NMX news
#3 the 500 mill is not unheard of, most mines to build are between 350 and 500 mill
#4 I would not disagree corruption exist, comparing it to Columbia is just plain stupid...what Country on this planet has zero corruption? Corruption is a word, there are grey lines and a million opinions on what constitutes corruption and until proven to be true it is not corruption it's called making deals
#5 Lithium will be used for generations to come (wink wink, they also make some good medicine) will it be highly profitable sector, it remains to be seeing.
#6 Oil was way overpriced at over $100, I sure hope will never ever get there again….oil companies were overspending and rolling in money….oil workers were making $1000 and more a day, they were also spending more than making because it was never going to end….well it did…it’s sad what happened to a lot of people but it should have never been at over $100…. Oil will never disappear but will never come back either….we need oil in almost every aspect of our lives but for transportation are better more efficient ways even if not Lithium or solar but other methods exist and are discovered…the only thing is time to get there. Are you still watching movies on VHS or listen to a cassette? how about using a roll of film in your camera?
#6 NMX does have value and will not go to zero, NMX is one of the only juniors that actually has value and will be producing, what the value is remains to be seen. Noone knows where Lithium is going, but for sure they will use it for a long time in medicine (wink, wink)
georgebc wrote: Easy to know why
#1 Bad financial and bad management
#2 Not proven technology this was devellop by an Israel cie and never tested so who knows
#3 Project of 500 millions good luck Canada is a communist country so nobody will commit to lend money
#4 Project is located in Quebec an HIGHLY corumpted province worst than any places in the even Comlombia
#5 Lithium sector going down new and better technologies are being test and Tesla is also going down
#6 Oil and Gas are coming back
Sell while you can this stock is going to ZERO