OTCQX:NTTHF - Post by User
Comment by
LithiumNPVon Dec 16, 2019 6:20pm
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Post# 30461119
RE:RE:RE:Financing before the end of the year ??
RE:RE:RE:Financing before the end of the year ??LithiumNPV wrote: shahabstarship wrote: Disappointing so far. Let's be real, any substantial form of financing in a junior like this will be major news in the whole lithium world. Right now, headlines are made on $6M investments! I don't expect the financing right now, and the share price is not pricing in this event at the moment.
I think the most pathetic thing that has happened is several posters here were bragging about getting NLC at $2 then $1 then 75 cents then 60 cents then 50 cents. And they are still trying to justify their lack of patience.
How many times do we have to repeat the fact the oversupply situation is to continue to 2025-27? Common sense tells us that if you are generous and put stock prices 2 years in advance of a move the bottom won't be in 2020 or 2021. Perhaps if we are lucky the time to finally buy will be 2023 which is still 3 to 5 years in advance of a balanced market. The problem though is NLC runs out of money in 2020. NLC goes out of business.