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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 bargnhillbillyon Jan 21, 2020 9:50am
138 Views
Post# 30577227

Reevaluate PEA To Gain Price

Reevaluate PEA To Gain PriceWith Palladium now $2400-$2600 a oz. The price of around a $1000. a oz used in the PEA is too low. Originally NAM had over 8 million oz of Palladium it could count. Due to the cut off measure they used when Palladium was cheap NAM dropped below 4 million oz. I would say at our current price. The cut off could be lowered a bit. As it now is economic to go to the lower cutoff. If you were a buyer? Which would you give the most for? 8 million oz or 4 million oz in the PEA!
Bullboard Posts