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Bullboard - Stock Discussion Forum 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... see more

TSXV:NAM - Post Discussion

View:
Post by Wangotango67 on Jun 23, 2020 11:17pm

IDEAS

Current Palladium EQ Resources
M&I 2,867,000 / Pd eq  ounces
Inferred 1,059,000 / Pd eq ounces


What Would I Do Differently ?
I would drop the lithium claims
And, frame the company solely around - PGM's
Promote the River Valley project as - FLAGSHIP -
Place drillling focus on the inferred and upgrade to M&I
Any future videos or promotion would allow investor to stay focused on - PGM's
Begin tonnage ore  metallurgical testing -  scale - confirm recovery percentages - ( sudbury )
Initiate the PFS immediately - intergrate the upgraded inferred before PFS is completed
Stepout drilling is placed on backburner - after PFS  is completed 
Perhaps, consider scooping up more lands nearby  - crack a deal with speriment -
sometthing simple like - small percentafge royalty for lands - based on - if PGM's are present 
It takes the project ot a faer larger scale - lands to the east do have characteristics that portray 
similarities to NAM's claims - doing this while the other juniors stock is at a low = smart.

These few minor adjustments -
spruces things up - streamlines - brings clarity - increases presence - beefs it up
few tweaks to say....  this is what we have - and we'll now take it to the next level

I feel the present course of stepout drilling only takes the limelight away from the current resource achievment ...How ?
Simply Put - the current drill program forces investors to place focus on the drilling.
Not on all the hard work that's alreasy has been accomplished.
Step out drilling trying to find more PGM's creates too much risk..
And, chancesthe odds in the favor of, performancde which ultimately affects the sp.
The SP should not be at this level considering all the hard work and current resource size...
Which means...the present work model should be switched up - and replaced with the above 
moves that will reinforce the current resource accomplishments...

Sometimes...One has to pul laway from drilling.
And say....the resource size is sufficient...we havde enoufgh for the present time.
If we keep drilling - it will cause - dilution - and there's no benifit for shareholders.
I've seen other stocks with 5 million ounces - and those too just sat - stuck at a pegged valuation. ...which is a key signal for the junior to mix things up - instead of compounding on resource size.

DRILL - STRICTLY WORK ON INFERRED
LOSE THE LITHIUM
PLACE PGM AS FLAGSHIP
INCREASE LAND SIZE
METALLURGY//RECOVERIES = BULK TESTING
INITIATE - PFS
ATTRACT LARGER PLAYER



YES....NAM has very nice resource
but, there comes a time, when the current achievments must shine to take the limelight - while the stepout drilling has ot take a backseat -
otherwise it risks the outcome of, dictating the price of sp based on good or bad drill hits.



If stepout drilling was on the list - after PFS ?
Where do i think trhey should drill ?
Simple - stick to the current PGM  trend, inline with the same host outcrops...
Pine Lake, i feel is off the trend line.

NAM's claims map and current resource location -
I couldn't help but notice how there's fewer outcrops near pine lake
north east of main ore body - main ore body runs along the hyway -
claims BLOCK has the id = 41109k
roughly, from bottom end of, mud lake to james road
i would have thought they'd kept to the main outcrops in a string of pearl fashion
iline or adjacent ot the main ore body

the coordinates i feel should be entertained at a later date - are...
SOUTH EAST OF MAIN ORE BODY - LAT - 46. 67926 N - LON 80. 28607 W
SOUTH OF MAIN ORE BODY - LAT 46. 67443 N - LON 80. 28641 W
SOUTH WEST OF ORE BODY ACROSS HYWAY - LAT 46. 68032 N - LON 80. 29499 W

reason why i searched this topic ?
Simple - i was wondering what promted NAM to drill  near pine lake - vs - ontrend
or, associated outcrops - or associated elevations -
Second rreason was - to see where speriments closology claims are positioned wanting to know if they had any merit - and WELL, yes...i would say, they do after seeing simnilar outcrops and folds of same nature -

which brings up the subject of ( as mentioned above )
would NAM ever consider aquiring more lands nearby, on the premise of, ensuring they're the main player in area...?

if it were me - i would crack a deal based on, royalty streams - no shares - just, future royalty - small fractional percentage - since speriment staked it themselves - 

FIRST MAP - NAMS claims are just north of GLEN AFTON and  below MUD LAKE - https://mapcarta.com/N2525858304 - - -

SECOND MAP - CLAIMS MAP - use first map as reference - then, target same area using  the MLAS map - you'll be able to see the terrain - elevations - simply, punch in the  coordinates in above - to locate where i feel they should be drilling -  cheers...
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