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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
Post by jngolferon Nov 07, 2019 4:37pm
81 Views
Post# 30323979

Stay focused LONGS

Stay focused LONGS I did some research and understand a "shares rollback" is the same as a reverse split. So, in NAM'S case if you own 100,000 shares your broker is issued 90,000 "new" shares and the other are disposed. This usually takes 5-7 business days from the time the board approved the transaction. 

With the easing of the trade war between China and the USA hopefully this will ease tensions/hesitations by corporations in the metals/mining/auto, etc, businesses to start shoring up their supply of PGM's.  There is a serious shortage of PGM's and NAM should be on the radar of numerous companies. 
Bullboard Posts