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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 Jul 08, 2019 10:00pm
44 Views
Post# 29897455

RE:RE:RE:Stock Split Price

RE:RE:RE:Stock Split PriceDrilling and reverse splitting has took this once $4.00 plus stock to a mere .05 and hardly holding that. With all that, came into question current managements ability to ever get The River Valley to a producing mine. Where are the J/V partners? Where are the buyers? So much for the PEA that opened the flood gate of sellers after. We're .05 -Cheaper than the coming .06 placement. You know,the placement that's been going on since April to get filled. If you can't fill a placement? What options do they have? 1 for 3 Reverse Splits have occured in the past around the first of the year Jan to Feb 2nd. In 2014 and 2017 best i can tell. 3 years apart, puts the next R/S late fall or coming January. Meanwhile the stock is dead in the water and tied to a placement @.06! That's why I have been telling NAM to mine the Footwall or we may suffer a split that ends with all of us owning a third of what we now own but after, the price will return close to where we are now. You never recover after a reverse split. I've seen a R/S happen many times. It's always a loser for shareholders. Another R/S for this stock and I think it dies! Yes changing share count could be the reason for the new auditor.That would give the auditor just  enuff time to pull it off by year end. JMO
Bullboard Posts