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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 SmokinWillieon Aug 11, 2015 6:32pm
110 Views
Post# 24008822

RE:Insider Buying

RE:Insider Buyingts, 

Thank you for your timely and pertinent info on Newmarket. Insider buying shows the belief management has in this stock at the current price. Plunging oil prices and the drop in the Aussie dollar convince me that operating costs will continue to decrease. 

Try to ignore the whiners in the crowd complaing about only getting 1 for 5 shares in the take-over. This was done to get the share price up over a $1 (which they have done) so that funds which are restricted from buying penny stocks may now purchase Newmarket. 

I eagerly await the first analyst's report on Newmarket and the return of the fund managers from their summer vacations, both of which should happen within the next several weeks. The opportunity Newmarket presents will become apparent to a larger and wealthier audience.

A strong Q3 report in November appears almost a certainty with increasing grades from recent discoveries and decreasing costs due to the drop in the Aussie dollar and falling oil prices. That will make 3 very strong quarters in a row and certainly gather some attention.

Without trying to be a pumper or cheerleader, I fully expect Newmarket to be at least a double by year end. That should silence the whiners and criers on this board,, but maybe not.   :~) 
Bullboard Posts