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Namibia Critical Metals Inc V.NMI

Alternate Symbol(s):  NMREF

Namibia Critical Metals Inc. is a Canada-based company primarily focused on developing the Tier-1 rare earth project, Lofdal, a deposit of the heavy rare earth metals, such as dysprosium and terbium. The Company owns a 95% interest in the Lofdal Project, which is fully permitted with a 25-year mining license and is under a Joint Venture agreement with Japan Organization for Metals and Energy Security (JOGMEC).


TSXV:NMI - Post by User

Bullboard Posts
Comment by oilsydon Aug 01, 2016 8:35pm
146 Views
Post# 25101075

RE:CLOSE OF $3.59 OR UP $0.25 US - HIGH OF DAY $3.64

RE:CLOSE OF $3.59 OR UP $0.25 US - HIGH OF DAY $3.64Smokin, It is looking good for tomorrow. I get the impression that this company has been somewhat overlooked. They announced fantastic financial results on Friday and nobody seemed to react to the news. It opened at its previous closing price and barely changed. In fact, I doubled up at 4.10 which was after the news had been released. It was only when I got back home on Friday afternoon that I saw some movement in the share price. Some of their drill results are showing incredible amounts of gold. Tney are in a safe jurisdiction, they have no debt, and they have a rapidly growing war chest to buy another mine. They can grow organically and they can expand through takeovers. And, let's not forget that Eric Sprott, a well respected gold investor, likes this company too.The share price should be higher considering the story and I think there is still plenty of upside in this stock.
Cheers Oilsyd.
Bullboard Posts