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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Bullboard Posts
Comment by Smokeramaon Jul 26, 2018 11:28pm
135 Views
Post# 28375292

RE:RE:RE:RE:Bourassa insider trade

RE:RE:RE:RE:Bourassa insider tradeThere has definitely been some buying but you have to acknowledge that they are also triggering their 10 cent options. There are millions upon millions of these options out there. 

If the company runs low on money, which is likely, it will issue 200 million shares at hopefully .50 cents.

Further, the management team will want to get their hands on more low cost options. So it makes sense for the share price to get beaten down, then you will see another 100 million options issued at approx .50 on top of the 200 million share issue. 

Expect to see around 600 million shares on the float by 2020. The management team and Directors need to make money folks. This is how it's done. The retail shareholder is irrelevant. 


Bullboard Posts