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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 bargnhillbillyon Jul 19, 2019 7:10pm
96 Views
Post# 29941911

RE:RE:How Low Can We Go & Questions?

RE:RE:How Low Can We Go & Questions?If NAM doesn't get a partner shortly  after the PEA closes. I think that's when shareholders have the most to lose. The placement never happened for lack of investors as I see it. I'm afraid NAM is out of good options for shareholders. I told Anthony last time we spoke that NAM wouldn't make it to production on current path. Bankruptcy would happen before they got mineable status. I see mining the Footwall and getting money coming in and attracting new investors as a last ditch effort before BK. I think any kind of R/S split would be a disaster for shareholders and the company at this stage of the game. I hope management is at least that smart?  My fingers are crossed. Not much shareholders can do  at this point but we don't have to like it! We agree.. Thanks for the reply..
Bullboard Posts