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Neo Lithium Corp NTTHF

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.


OTCQX:NTTHF - Post by User

Comment by neoscepticon Feb 19, 2020 10:06am
66 Views
Post# 30707826

RE:RE:RE:RE:OM! LFP in Teslas

RE:RE:RE:RE:OM! LFP in TeslasPositive news have little impact on companies in suppressed industires, unless they related to something tangible like profitability, dividends, or sales growth. Just check how NLC or ML shares reacted after the PFS, or like events. Week is up and then it "back to normal".

So far NLC was affected by industry news or expectations the most. When NLC discovered 3d aquifier with best grades outsided of SQM, share prices barely moved. 

What is important is to bring NLC to new category: NLC past exploration and discovery stages, now it is in development. These categories represent s/p plateaus. Next stage is to go to pre-production stage (only with financing) can double the price (and hold it there). We, also, can expect industry to revive. 
When industry is on the go, then any positive news boost s/p. For now, good news is only for our own comfort (of course except financing). For s/p purpose it is just a waste. 

With NLC patience is the key. 
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