GREY:NMKEF - Post by User
Comment by
BearlyBullishon Jan 30, 2018 1:11pm
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Post# 27463975
RE:RE:they're just a fraud.
RE:RE:they're just a fraud. Anon2015 wrote: timeoutofmind wrote: we've all been burned. it's happened before, it'll happen again. these guys are just yokels, in a mile over their head, that had some dumb luck. ultimately, their utter lack of skill and ability is what drove this project into the gutter. i wonder if the radio canada reporting team feels duped ?
TOM, did you watch the Radio-Canada production? You have questioned whether management has done anything. The film clearly shows a mine with extraction work happening, and a small-scale chemical plant in production, along with the finished product. As for luck? Not at all. Management spent years looking at targets before choosing this one. They have now built a company that is on the cusp of construction/operation of full-scale facilities that will generate significant revenues in a transformative industry. Investing doesn't get much better than this. The secret is to recognize amazing opportunities like NMX early and stick with the story.
And to add on this, just look at the very clear correlation NMX has with the LIT eft. Fiancing is sure not helping right now but the major part of the drop is related to the overall correction of the sector as a whole. Nothing personal here against NMX. Its just a dead season right now. Not good if you're short-term but if you take a step back, the fundamental Investment Thesis behind NMX has not changed and is still extremely promising.
Remember, Price is what you pay and value is what you get.