RE:Strange stock
To be more correct it is not management, but insiders owe large portion of the company.
Re. shorting it is not SNL that is targetted, but entire Li industry.
Here is the link
https://shortdata.ca/?c=neo-lithium%20corp.-short-sales&sym=NLC.V
Type in: SNL, NLC (developer with resource base), LAC (plant building stage); ORL (producing co.)
All of them on different stage, but all of them heavily shorted on THE SAME SCHEDULE, day per day.
I was also worried, it is good be cautious. It is still gambling stock, but it is VERY, VERY cheap.
Risk is high, no result, yet. But potential return could be very high. Other peers, like LBY won't give you even a fraction of such potential.
If you want to have low risk company, or SNL at this stage is not for you. SNL will became risky investment only after positive drillling results, now it is unlikely can be seen as an investment.
I am here, because I hope to win 3 times, as gamble, as risky investor, and then on de-risking.
It is not my prime holding, I am a bit greedy here....