Neo Lithium Corp V.NLC

Primary Symbol: 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.

OTCQX:NTTHF - Post by User

Neo Lithium Corp

Bullboard Posts

Comment by SnowyWindowson Sep 12, 2017 8:30am

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Post# 26683610

RE:Lots of Competition

China is one of the largest producers of gold in the world. Does this mean I should stay away from gold miners?

There is more to this story than just the supply side. What's made me come to this stock was my prediction for lithium demand in the future. China's supply, compared to their growing consumption, is minimal and I personally think there will be a huge increase in demand in the future.

yes dilution is scary, but I'm willing to ride this out for what i believe to be one of best mines on the market

felix10 wrote: China will produce more and more of its own lithium and get it from the big producers around the world.

https://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/top-lithium-producers/

And don't forget, NLC still needs hundreds of millions of dollars which means massive share dilution or giving up substantial ownership to other partners. Hardly a slam dunk.