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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 fedor604on Nov 21, 2019 11:16am
54 Views
Post# 30378303

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Palladium

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Palladium
toboggan wrote: Why do you pretend to be an investor Hector? You simply state untrue things at every turn and not one thing you just said is accurate.

1. A pit constrained resource estimate is very different from a global estimate. To comply with the PEA requirements based on an open pit model they had to provide this estimate. Did you honestly think anyone thought they were ever going to get every inferred OZ out there? That is not how mining works. 

2. There has never been an announced JV for River Valley. There is nothing pending or ever was. Saying you are actively soliciting a partner is not the same as announcing a deal and you know this. 

3. The JV in Manitoba is supposed to be funded by AAZ and it looks like they are falling short of the benchmarks. Not sure how you can pin that on the field partner which is the capacity NAM is acting in. 

Again, this is a venture company and they have done a very reasonable job of attaining the benchmarks they have stated. Could it be better? Obviously. Is it what you say things are? Clearly no. 

Not sure why you continue to grind an axe here. You are tiresome and don't ever state true things. If this is such a terrible prospect why not seel now before you lose it all? You clearly claim this is where things are going. 


lol Harry is has promoted this bad, I dunno why you riding his hog. Wasted so much money with stockhouse promtions trying to dump shares on retails etc.

He pays his mortgages with office fee's from ELN and NAM, Gives himself massive salaries from both companies as well, from money that was given to him by placement.

In which he partakes in .....

They would need 2300$ plus to make this IRR decent. No investors will cough up money for that.

Only 1 and 1000 mining companies ever do get to production. This one will never see the light of day.

and just for your info....

The PEA is preliminary in nature, and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the Preliminary Economic Assessment will be realized.
Bullboard Posts