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NextSource Materials Inc T.NEXT

Alternate Symbol(s):  NSRCF

NextSource Materials Inc. is a Canada-based battery materials development company. The Company is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Company’s principal business is the development of the Molo Graphite Mine (the Molo Mine) located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Mine has a production capacity of 150,000 tons per annum (tpa) of SuperFlake graphite concentrate. The Company is also developing a downstream graphite value-added business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers. It also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.


TSX:NEXT - Post by User

Bullboard Posts
Comment by spartexon Jan 24, 2018 2:00pm
145 Views
Post# 27425294

RE:RE:RE:RE:RE:RE:RE:Things are looking up

RE:RE:RE:RE:RE:RE:RE:Things are looking upYOU SAID, "As for the volume behind the movement, you imply that insiders (or perhaps their 'acquaintances') know something that the rest of us don't.  Buying on that information is illegal."

I agree, but since people are anticipating that a permit is pending and news on the Madagascar President saying that old policy that kept previous permit submissions was removed, things will be processed eventually -- even if the government sits on the permit submission for the entire 6 months or whatever period of time they have to process the permit application.

But since you said in your last post:  

"Additionally, you have been in this long enough to know what share price increase holds and for how long.  This pop in share price preceeds a financing, just as has always happened.  Something unfortunate is coming; that's my opinion."

Why would people be buying the stock if it is known that a sudden increase in price "preceeds a financing".

So here you mention why it goes up, and then down, and those in the know wouldn't be buying it right?   Case dismissed.
Bullboard Posts