Neo Lithium Corp NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp

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Comment by schrodingerscaton Feb 07, 2017 3:17pm

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Post# 25812032

RE:RE:wondering

LucasKnight wrote: NLC will be bought out if their resource is economical.(i think a FS is needed to determine the economics) Dependent on the thickness and size of the deposit, we should see some sort of estimate out post drill results. The grade and low impurity count is showing consistency but i guess there needs to be confirmation with all their other drillings.

Post drill results and estimate...NLC will not be at the current share price but rather above $2.00 - $3.00 - depending on the size of the resource.

Towards PEA...they will most certainly be bought out. Waldo Perez tends to build the firms and then sell it to the majors.(Lithium Americas was not bought out and Mr.Perez left well before the JV) Due to the fact that they are 30km for a major, i would be looking at that firm as the leading contender.(what major? there is a couple of prepoduction JV's but nothing to write home about,they pretty much have thier noses to the grindstone for now)

Sprott and Katusa et al. should have an understanding of their resource size and profit potential. They would not be putting their fund dollars to work here if there was not an element of confidence.(they have many funds some riskier than others) I give NLC another week or two, before word gets out and the share price moves to $2.00.