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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > wilfully misleading investors is fraud
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Post by Tcheck on Aug 12, 2020 6:26pm

wilfully misleading investors is fraud

and maybe the government is an active participant  in this fraud .
they knew or should have known that the project was not fully funded from the outset .
they knew that GB didn t have the sufficient qualifications
they played this game repeatedly now of setting small investors up to finance deals that are too risky to be funded  by normal means .
they shouldn t be allowed to be part of the solution since they provoked the crisis in the first place and in all likelyhood .
they shouldn t be allowed to promote any other project in quebec any more .
we didn t have access to nordic trustee contracts ,the government did .

maybe this is a swindle
and the government could be held accountable ,

investors have nothing to blame themselves for .
they were bamboozled and it seems a government policy to bamboozle their own citizens ,
maybe they should stop the crooks instead of blaming the victims .like put them in jail :)

so we ll sue
if we dont get compensation
:)
Comment by Calgary_AB on Aug 12, 2020 9:08pm
I pointed out a long time ago that IQ transfered half of their holdings when the SP was over $2.00...then someone dumped them...probably someone that was pumping it hard everywhere... So IQ got more than 2x original investment out of NMX therefore the curent holdings are free. I also pointed out that allowing the Gov. to spend your hard worked money is also not a good idea. Your Gov. promotes ...more  
Comment by Calgary_AB on Aug 12, 2020 9:32pm
and if this is not dirty I don't know what is: https://www.pwc.com/ca/en/car/nemaskalithium/assets/nemaskalithium-017_011020.pdf PWC is and was in bed with GB prior to Dec...how fair do you think they are? Got silver?
Comment by Calgary_AB on Aug 12, 2020 9:44pm
PWC even advertising for GB: https://www.youtube.com/watch?v=50ZZOZIqR28&feature=youtu.be
Comment by mick1888 on Aug 13, 2020 1:34am
Yeh....All well and good until there is a financial crisis (2009) or health pandemic (2020), then that mean machine private sector has to be pulled out the proverbial by the tax payer. And don't give me it these are exceptional cases, the directors of these companies should be held liable for not having enough contingency. Why do they not, because they maximise return to people like us ...more  
Comment by Calgary_AB on Aug 13, 2020 4:06am
This is a big subject Mick... When I say "deregulate" you think one thing and think another... Why some areas you can built a mine quick and other you wait for 2 years to get a permit? Unless you know people and then you get it easier...in this case only a few can make it, the same once that contribute to the party elections = corruption Deregulate the unnecessary regulate the ...more  
Comment by mick1888 on Aug 13, 2020 4:58am
There's a reason for regulation, and it's mostly to have a level playing field for everyone, and stop the private sector taking the p!ss (and leaving the tax payer to pick up the bill). And here is a regulation I would bring in - a new contingency tax for ALL private sector entities. The sum of a years overheads to be held in escrow for them (and they stop paying the tax when they've ...more  
Comment by Calgary_AB on Aug 13, 2020 2:21pm
The problem with "level playing field" regulations, they become a corruption nest... Have you not noticed that the little guy can't get past the regulations while the big guy get's everything...why can't NMX get interest free loans while others get not only loans they don't need but even grants they don't need to pay back... In a socialist enviroment is not about what ...more  
Comment by Calgary_AB on Aug 13, 2020 2:26pm
sorry I pasted in my last post and screwed up...here is again: The problem with "level playing field" regulations, they become a corruption nest... Have you not noticed that the little guy can't get past the regulations while the big guy gets everything...why can't NMX get interest free loans while others get not only loans they don't need but even grants they don't need ...more  
Comment by phantom666 on Aug 13, 2020 10:30pm
You talk about misleading investors, lets start with more transparency with the shorts. The internet has changed how retail buys and sells. No broker needed. Show a marker with each buy and sell from a short, never mind waiting for every 2 weeks. Then you can see why the stock is rising or falling because of shorts. Plus put a minimum price that a stock can be shorted. My institution doesn't ...more  
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