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Noram Lithium Corp V.NRM

Alternate Symbol(s):  NRVTF

Noram Lithium Corp. is Canadian junior exploration and development company. The Company is focused on advancing its Zeus Lithium Project (Zeus) to production in Nevada. The Zeus property is approximately halfway between Las Vegas and Reno; and within two kilometers of Albemarle Corporation’s lithium brine producing operations (Silver Peak Mine). The property is comprised of 1,133 hectares which is the equivalent of 2,800 acres. Zeus consists of approximately 146 placer claims and 136 lode claims. The perimeter of the Zeus claims is located within 1-mile (1.6 kilometers) of Albemarle Corporation's (Albemarle's) lithium brine operations. Lithium is produced at Albemarle’s plant from deep wells that pump brines from the basin beneath the Clayton Valley playa.


TSXV:NRM - Post by User

Bullboard Posts
Post by desertbarnacleon Aug 17, 2016 9:53am
213 Views
Post# 25149530

It is not the warrents already

It is not the warrents alreadyThe warrants are at 5 cents, they are the companies only hope as if they all get exercised the company will put 5 million in the till and then can maybe hang onto all the land and do work, the warrants are a good thing. The issue, as has been pointed out recently is the 50 million shares that will hit the market very soon. And then the bigger issue is whether the stock can remain anywhere near or above 5 cents. If it goes down to 5 cents or below no one with any brains is going to exercise the warrants and that will mean no money. No money, no project, that is the real problem. This is not rocket science people.
Bullboard Posts