Nemaska Lithium Inc NMKEF

RE:RE:RE:There's a distinct lack of negativity

[CanadaCoin]

"To be precise, just over 0.9 average with well over 150k shares and I will be taking advantage of the rights option."

Ouch!

You will need to spend another $35,000 on this risk play, in order to take full advantage of the proposed Rights Offering. You will end up with a new average price of $0.64/share. [.94 Right per existing share]

You have been in this stock for a year and half already. Your potential return over the next four or five years is quite low, compared to the risk that still lingers and the negative fundamentals you have already had to endure.....like extreme dilution due to inept management and outside contractors. Have you ever heard of high tech or gold stocks? Or perhaps even consumables would pay a higher five year return....with a much improved risk factor and perhaps even a royality. :-) 


And BTW....my apologies, but in my previous post I stated one year too many in my timelines. Please lessen each date by one year. To your advantage. :-) 

mick1888 wrote: Canada - none of the above... :-) To be precise, just over 0.9 average with well over 150k shares and I will be taking advantage of the rights option. Told you, I'm in this for the long haul.... ;-)

CanadaCoin wrote:

mick1888 wrote: After the release of the new FS.What's up people (you know who you are), does this project not look so gloomy now? This now feels right, with a lot more realism introduced to future predictions. The feel good factor will only increase, especially with the introduction of three new board members ( 2 from Pilling Hurst, one from IQ).... ;-) GLTA

There are 3 camps here Mick. 

1) those who bought at $1.00 or $2.00 or even higher....and do NOT have the means to average down. Or perhaps do not want to average down due to increased risk and de-valuation. 

2) those who bought at $1.00 or $2.00 and and have the means to average down and somehow manage to break even on this over the next few years.

And 3) those who are taking a complete new position in the stock and may very well end up making some money this play. 

Mick, please specify which group it is you are excited about when you post your 'non-gloomy' position. For it still doesn't look for group #1 above, but group #3 might do ok with this. :-)