GREY:NMKEF - Post by User
Comment by
Calgary_ABon Nov 07, 2019 2:43pm
52 Views
Post# 30323179
RE:Time for me to bail out
RE:Time for me to bail outmy post from Oct.07 2016
I TOLD YOU SO
Calgary_AB wrote: Time for me to bail out of nemaska...
I am not encouraging anyone to do so, i am just posting what I am doing and reasons why.
Reasons:
- Management = baboons, Wanda = good looking baboon
- Lithium space is too big of a hype
- Some will say its sound investment because Gov of QC invested, I’d say Gov.’s are the worse investors out there, it does not make it a viable investment just because QC gov is in it. Don’t forget the sharks that are in it AKA Dundee and others
- Li It’s just a small portion of the battery, the big boys have the ability to ramp up their already producing plants and triple if demand is there. They will not lose market share to Nemaska. (especially when Nemaska has baboons for management)
- A few years back I got in rare earth metals and bailed out at 20% profit. Soon after my fears and instinct proved to be true, Molicorp went broke…it was similar hype like Lithium these days.
- NOTE: I am not saying it will happen the same as it happened to rare earth, however I am saying that I am afraid it will happen. If it does a lot of people will be pissed and I don’t want to be one of them.
- I made a lot of money in gold in the last 2 years….I mean a lot of money…did I mention A LOT OF MONEY from -$85,000 secured line of credit turned it into millions positive in cash…Gold is back down in last week, it’s time to buy back in and take another ride up…will it go up? Absolutely, a whole bunch of baboons are running for presidential…the whole world is upside down, gold is got to go up…I am not giving you any ideas as into what stock I invest in so you don’t say I am pumping…
- Lithium will never replace Oil. Power storage may evolve into cheaper materials, there are companies working on salt batteries….salt is everywhere…I see lithium as a temporary solution, maybe a 2 to 5 years run.
- GM was working on vehicle running on salt water and no battery needed, all power on demand…
- Tesla is trying to play a game in the big boys sand box, big boys were not allowed by the Gov to get their ideas going, now they are allowed and encouraged. Do a google search; GM Hydrogen car
- Technology exists and GM has been working on it, they will be the leader in efficient vehicles…
- here are some links of the real future:
- https://www.youtube.com/watch?v=Obs2tAq57j8
- https://www.youtube.com/watch?v=4AXU2wqQe00
- https://www.youtube.com/watch?v=wVIleDcMdsE
- https://www.dailymotion.com/video/x5h5vn_gm-hy-wire-car-that-runs-on-hydroge_shortfilms
- I could go on and on with video’s but I am afraid google will become instinct if I supply all the links…
- Here is another current opinion from Rick Rule, he talks about lithium about ¾ way in the video: https://www.kitco.com/news/video/show/Mines--Money-2016/1379/2016-10-03/This-Will-Be-The-Catalyst-For-Higher-Gold-Prices---Rick-Rule
-
- So for now I made some good money in Li just like I made in rare earth and it’s time to bail…I still have some NMX about 150,000 bought at .98-1.20 and 75,000 shares bought at 1.36 but not afraid to stay a few more days as baboons will pump this up and I’ll cash out at profit on those shares too….for now I am liquidating all other shares bought at 0.98 to 1.20
Good luck to all longs, it's good to see people believe in the company, too bad the company is fool of baboons, be careful don't become one.
Don’t call me in 2 years to ask for a free meal