RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not just nmxanswer to your questions...
that's for you to analyze you are the one invested in it…
as far as I am concerned I got out just in time before the LI Hype bubble burst.
I Told you many times, it can’t be sustainable…you have to let an industry create it’s own demand and can’t push it with incentives…
Supply/demand always finds a medium.
LI price can not be sustained at those levels...high price in LI will create a lot of LI juniors to pop up all over the place and then oversupply will happen, prices will drop and all the once over leveraged to high interests and streams like NMX will not be able to survive...
It sounds nice to say that EV by 2030 will need so much LI, but did you ask yourself how much copper and plastic will need? where are those other materials are comming from? what happenes if there is a shortage of those materials? answer: same like LI, many juniors pop up, over supply, juniors overleveraged go out market finds a medium...and diesel excavators and tractors move from mining LI to mining copper and while they are on the move they mine some gold...
Smarten up mick...
mick1888 wrote: Bit of a rant mate.... ;-D
Here was the original question on this thread;
Should we be betting on the downfall of OEM as they are misleading their shareholders? Will there be mass closures in the car industry because of bad investments in EV, or litigations by their investors? The same applies to battery gigafactories? Doesn't matter now if you can't answer, it was worth it just for the below....lol
Calgary_AB wrote: I am not avoiding any "investment question"
I have already answered it many times...if you are referring to investing in NMX I told you many times is a stupidity...LI is everywhere and the management sucks big time...
If you are talking about LI, I already told you it was a hyped bubble that burst already.
If you are talking about battery, sure LI is better that other kinds of batteries...it does create polution by building batteries and electricity needed...battery is technology that changes fast...soon there will be other kinds of batteries that will be smaller and better...it's not "REVOLUTIONARY".... revolutionary would be if the EV runs on water and creates power on demand no battery...ohh wait, they already have that...check out GMC, Honda...fuel cell...
https://www.youtube.com/watch?v=r-NGHd4kFkQ
EV, sure it's a nice new technology but not cleaner and many prefer the fuel cars especially in my neck of the woods where I wouldn't count on battery to run my vehicle on...it will take many many years (generations) before you see battery taking over in Alberta...
Yes in EU, gas is triple the price, towns are 10 km from each other and I can see it being a better choice...towns here are 100km from each other, temperatures drop way down in the winter and I prefer a vehicle that I know will get me to the destination and actually stars in the morning...I also travel to Yukon often (checking out the gold mining...) I prefer to have a couple canisters of gas in the back of my truck…I always have a spare battery too, but if it was electric vehicle, I wouldn’t trust it with my life…
Most of you invest in it calling it "Green"...what does "green" even mean?
all these key words were implanted in your brain by so called scientists with an agenda paid by the lefty IMF and the likes to brainwash you…
mick1888 wrote: Again, convenient you keep the narrative on CC to avoid the investment question..... ;-D
There are a few 'World Leaders' use the same tactics..... ;-)
Have a great weekend (counting your Gold).... ;-)
Calgary_AB wrote: LOL funny you mention IMF...
IMF is the globalists I am talking about... IMF, WTO, UN, Central banking system these are the Climate Change experts that brainwashed you...
and yes Brexit will happen Oct. 31...people that were not brainwashed yet want out of the system...
that's why I keep asking you if you got gold, gold will bring these monsters down...once they can't print money out of thin air and they have to account for it...
mick1888 wrote: LOL CalAB....no point in arguing who is brainwashed more, pls do a fact check on the following;
According to the IMF, "fossil fuels account for 85 percent of all global subsidies," and reducing these subsidies "would have lowered global carbon emissions by 28 percent and fossil fuel air pollution deaths by 46 percent, and increased government revenue by 3.8 percent of GDP."29 Jul 2019 Again, there is no point in arguing the toss over Climate Change (CC), as the 'brainwashed' can never change their mind (they don't have a functioning one).... ;-)
AND you side step the issue of OEM / Battery industry investment to concentrate on CC. How convenient.... ;-D
GLTA longs
Calgary_AB wrote: mick, you understood me wrong...
EV is a wonderful vehicle for whomever likes it, LI batteries are probably better than the old once, solar power is a wonderful addition to the long list of energy...
The question is; are they going to be the Climate savers?
It has nothing to do with Climate change, Climate change is a Narrative to brainwash people.
Governments have to give incentives in order to prop up that industry, incentives come from TAXES…CARBON TAX…Carbon TAX comes from Climate change Narrative…get it?
Let the industry catch interest on it’s own and compete on it’s own…
If you associate the EV with saving the planet, you are wrong…
What is the EV made of, please least all those materials and tell me what % of them were mined…also please tell me the % of plastic used in an EV. Then please tell me the amount of pollution that goes into generating the electricity used to charge those big plastic enclosed batteries.
I’m not so sure you realize how brainwashed you actually are…
here are only some video's on climate change BS:
https://www.youtube.com/watch?v=i-qBOyrD0-0
https://www.youtube.com/watch?v=UE6QxBaIEv8
there are many many others, ofcourse you will not be able to find them because you are already very brainwashed..."Very brainwashed" means you have very little to none brain available to actually research the opposite of Climate change = EV revolution...
Climate change is real, climate always changed even before people were around.
Got gold Mick?
mick1888 wrote: CalAB, just a thought on your conspiracy theories regarding climate change (what sites do you get your information from again?). Should we be betting on the downfall of OEM as they are misleading their shareholders? Will there be mass closures in the car industry because of bad investments in EV, or litigations by their investors? The same applies to battery gigafactories? We are talking hundreds of billions (if not trillions) of investment in this 'hyped' industry. Never mind the science or the media outlet, 'follow the money', and coincidentally, there has been a distinct lack of investment in the oil industry, to the extent that insiders have commented that this will cause a supply problem in the future?
Calgary_AB wrote: Mick, NMX is not going to be here in 4 years time, if it is here will be dragging between 0.05 and 0.01...it will most likely be out of business or bought out and changed the name under new management...
The LI Hype is over mick, people no longer like to be taxed in the name of Climate change and the globalist governaments will not inject money into a failed narrative... LI will never replace Fossile fuel...there might be a small market for LI but not to the scale you idiots believed...
Especially you should get some gold mick, UK and EU will go through some harsh times...
GOT GOLD?
mick1888 wrote: lol....added this to one of my favourites so I can quote you in about 4 years time.... ;-D
Calgary_AB wrote: I actually don't care at all...
Everything you see coming from me now is because of your baboon group bashing me for 2 years calling me every name in the book...and I knew I was right when I warned you all about dilution and this management incompetance....feels darn good to say I TOLD YOU SO
Most of your group is gona now, they no longer have a voice and I am still here...
Do you want to argue that NMX is a good "Long Term" investment?
I am telling you right now IT IS NOT...
Mark your calendar ewaltz ... wake up
How stupid do you need to be to not see the huge dilution coming?
Anyone that put money into this up to the production point if there is ever a production point is an investor that does not care to make money (stupid investor)
Stay "long" in this and see your money flush down the drain...
I told you many times this is happening and continuously you jokers bash me...well show me one post of mine where I was wrong...
Soon 0.20 will be the price to get to...playing the waves will make you some money but too risky, staying long is for sure stupidity....
just watch and learn ewaltz...
Got gold ewaltz?
ewaltz22 wrote: And why should you care if I lose my money..