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New Age Metals Inc V.NAM

Alternate Symbol(s):  NMTLF

New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration and development of green metal projects in North America. It has two divisions: Platinum Group Element division and Lithium/Rare Element division. Platinum Group Element division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, which is a North America’s undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. In addition to River Valley, the Company owns 100% of the Genesis PGE-Cu-Ni Project in Alaska. Lithium/Rare Element division is a mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements, such as tantalum, rubidium, and cesium. Its Lithium Project includes Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithium East Extension and Cat Lake Lithium Project.


TSXV:NAM - Post by User

Bullboard Posts
Comment by BigRiggon Jun 03, 2018 12:07pm
46 Views
Post# 28117139

RE:RE:Future risks

RE:RE:Future risks
ALLINAU wrote: Hi AliasX! Are you from Sweden?? The popularity of this stock has increased here and I guess you are from here. Anyway.... The biggest risk as I see it is the risk that we could be going in a recession. If that happens and the world economy goes down a possible consequence could be that car manufacturers will sell less cars and lead to less needs for our metals. If that happens the price of Palladium would go down and make our project less attractive. Another risk is that the project maybe is not economical even with todays metal prices. That is what the PEA will prove or deny. I think of course that the project is profitable, otherwise I would not have been invested here. Best regards


Good analysis and points.

I would strongly recommend any investor or curious outsider to call Investor Relations at NAM and speak with Paul.  He's a great guy and his job is to literally speak to investors.

His number is on the NAM website.

He called me a few weeks ago when the 2nd tranche of PP was happening and we spoke for a bit about the River Valley PGM project.   NAM recieved board approval to move forward with the PEA due to those on the board conducting their own internal economics on the project and unanimously approving a PEA.

You have some pretty heavy hitters that advise NAM, I don't see them taking this step lightly.

Again, I'm just an investor, if you want the straight goods fromt he company call Paul P in IR at NAM.  He can tell you fromt he horses mouth.

We have a ocuple of negative nancies on this board and it's funny because every single time I tell them to call the company, they are either too lazy, don't have the balls, or too stubborn to pick up the phone and call.  They would rather throw up false information all over this forum, completely baseless and quite often insulting.

BR



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