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New Age Metals Inc V.NAM

Alternate Symbol(s):  NMTLF

New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration, and development of green metal projects in North America. The Company has two divisions: a Platinum Group Element division and a Lithium/Rare Element division. The Platinum Group Element Division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, one of North America’s undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. The Company’s Lithium Division holds mineral claims in the Winnipeg River Pegmatite Field, where it is exploring for hard rock lithium and various rare elements such as tantalum, rubidium, and cesium. Its lithium projects include Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithman East Extension, Cat Lake Lithium Project, Bird River Lithium, Lithium One West, Lithium One East, and Lithman East.


TSXV:NAM - Post by User

Bullboard Posts
Comment by bargnhillbillyon Oct 26, 2018 11:56am
62 Views
Post# 28878138

RE:RE:RE:#1 Priority

RE:RE:RE:#1 PriorityIn my last post I tried to mention in a humorous way that maybe NAM could take a cheaper approach to open pit mining of the footwall. Really NAM is going to spend thousands of dollars a day to drill but somehow NAM just dont have enough money to hire a Excavator and a dump truck for a couple days? Of course if their is no will to do this? There is alaways an excuse. Ask yourself, how do we get thru all the drilling and get to 2019 PEA  without more private placements or a rollback of shares? NAM has a 150 million outstanding shares now according to NAM s homepage. I know a lot of how NAM proceeds depends on Azincourts ability to pay but it's a long leap and lots of hoops to jump thru before a PEA.. I'm still hopeful for a J/V partner. As a shareholder I'm allowed to express my opinion and that's all this is.. GLTA
Bullboard Posts