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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Bullboard Posts
Comment by Steamoon Dec 06, 2016 11:18am
148 Views
Post# 25560030

RE:SP price

RE:SP priceThis stock is simply tired. It's had a very good run over the past year and I think it got a little ahead of itself. I remember Guy pointing out that this company should have a $300M market cap when it had @ $120M market cap, based on how its peers were valued. Well now it has a market cap of $379M. That's plenty for a junior miner at this stage of development. If they can get to production this should be a $1B+ market cap company. At some point the market will decide this company is a going concern and will adjust accordingly. I'm not going to guess when that point will come. I just want to be long when it happens.
beaubebe wrote: Can somebody explain why the SP is droping every time we get a, so called, good news? Thank you.


Bullboard Posts