GREY:NMKEF - Post by User
Post by
BearlyBullishon Mar 13, 2018 2:22pm
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Post# 27708166
Ticking timebomb, up or down.
Ticking timebomb, up or down.If you look at the sector ETF Lit, it shows that the sector is having a significant rebound following last weeks news. Meanwhile NMX is still pinned down by its financing.
If they release financing (which would greatly derisk the overall project) the stock is going to soar big time as we are undervalued compared to the industry and overly bearish due to the lack of financing.
If they don't, well we will all loose big time.
Personally, I have a relatively large position. As a student, I can afford the risk so for me its really a go big or go home situation. Nonetheless, as the month is nearly halfway through I won't lie and say that I'm not strating to feel a bit stressed. I've been waiting for this for nearly a year now and I would be extremely dissapointed to the the project delayed once again.
Anyway hope for the best and GLTA,
Bearlybullish