Namibia Critical Metals Inc V.NMI

Alternate Symbol(s): NMREF

Metals & Mining Industrial Metals & Minerals

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).

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Namibia Critical Metals Inc

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Post by SmokinWillieon Sep 07, 2016 7:36pm

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Post# 25215855

Sprott is not the only large investor in NMI

source: Simple Digressions

What does it mean? Well, I had many times noted that it was not a good idea to copy the notable investors. In many cases we do not know what their intentions are. As for Mr. Sprott - despite his long - term view on investing, sometimes he becomes a trader.

My theory is that he, seeing his stocks appreciating strongly and quickly, sells part of his portfolios to invest in other stocks. Essentially, he is full of investment ideas.

Summing up - although Mr. Sprott had slightly decreased its stake in Newmarket Gold he still owns a large holding in the company. In my opinion, Mr. Sprott plays his own game and this game has nothing to do with the company's fundamentals. These are still excellent.

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