Post by
Tcheck on Jan 07, 2020 9:29am
IQ will save nemaska
with stornaway diamonds.
i told you so .
better than gold.just kidding
nemaska is not stornaway diamonds
yes it also costs around a billion
yes orion and IQ are involved
yes it is in the far north
yes it is insolvent
and needs to be restructured .
but we dont have operational debts and deficites .
stornaway doesnt make money even when in production and probably never will .
we will make loads of money if we ever get to produce .
calgary won t stop us .GB can be removed .
restructuring of stornaway could only happen by
wiping out debt and eliminating the equity and shareholders which were rendered worthless anyway .
our equity is worth a lot .it is only undervalued .our equity is worth 400 M at least .
when we get rid of nordictrustee we will do business again with palling hurst at 25 cents a share and with a loan from la caisse du depot et placement .just kidding
passez a la caisse .faites la file .
this is a major difference .
IQ is not a absolute ruler .
they need us and we need them for mutual benefit . .
they call it symbiose .
partnerships sail well .
.
Comment by
TeddyBear on Jan 07, 2020 12:22pm
IQ don't give a sh*t to retails
Comment by
joeman on Jan 07, 2020 7:16pm
IQ will MAYBE double down if the legal troubles of NMX are limited. We shall see if or when IQ takes action. If the mess is too great they will let NMX go bankrupt and sell the carcass for a few duckets,