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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

Post by bargnhillbillyon Aug 27, 2020 2:02pm
205 Views
Post# 31464030

To Reach The Next Level In 2 Years

To Reach The Next Level In 2 YearsLooks like NAM is going to need several million dollars over the next 2 years. To get to the next step. Harry just mentioned( in latest video) our Lithium division right now is not generating any value. So I guess that's why Harry was talking a Spinout of the Lithium division on the prior video. I have also thought with all three divisions clumped together that it hurt the overall value of NAM. I also think something needs to happen there. Depending on what our drill results are. If they are good? Can NAM somehow mitigate some of the cost forward by Open Pit mining some of The Footwall as discussed a couple years ago? If we don't. How does NAM get to the next step without adding so many shares that NAM ruins its value in the process? Final, Yes enjoying holding our .085 high and the over normal volume today.. Let's hope the volume builds...
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