HOW HOT IS HOMBRE SALAR ? CHECK THIS OUT...NRG Metals recieved an offer to purchase 100% of thier Hombre claims.
Though it's an offer still in limbo...I feel it's worth mentioning as a comparable to what NRG could
command in price VS what Portofino preaches that the lithium market is down and what Portofino
can - attract for price.
NRG = $18/Mil ( for one project ) 500 - 756/ppm
POR = $269/k. ( for two projects ) 900+/ppm - may aswell mention our other SALAR is missing.
Two different juniors.
Same SALAR.
Two different Prez's.
Two different outcomes.
If Galen presents 900+/ppm right aside of Portofino's claims.
That's significantly higher than...NGZ's.
Portofino has 2 claims on Hombre while NGZ has only one.
Two could command more in, $$$$$$$$$$.
If NGZ recieved lots of interest for thier SALAR, then what planet is... Taffel from ? lol
Something STINKS....big time.
If POR only has 24/mil shares out.
And suppose an interested party offered 1.5x what NRG was offered.
What would the payout be per share ?
$27/mil ÷ 24/mil shares
= $1.12/sh
So why is it Taffel is liquidating our Hombre claims for a pea piddle = $269/k ?
Especially...after Galen has proved BIG LITHIUM exists on West Hombre.
Caption from NRG Press.... NRG has received significant interest in the HMN Project. NRG Metals Announces HMN Lithium Project Optioned For $U.S. 18 Million
November 7, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to announce that it has entered into a Non-Exclusive Purchase Option (the “Agreement”) with Alberdi Energy S.A. (“Alberdi”) certified in Salta, Argentina on November 5, 2019, for the 100% acquisition of the Hombre Muerto North Lithium Project (“HMN Project”) located in Argentina. Terms of the Agreement will allow Alberdi a period of due diligence and financial audit to January 15, 2020 (the “Deadline”). Up to the Deadline, NRG is free to negotiate and/or accept competing offers, and upon such acceptance, notify Alberdi it has five business days to meet or beat the competing offer. By the Deadline, Alberdi will be required to have secured acquisition financing and the parties are required to have entered into a purchase agreement containing industry standard terms including the following purchase schedule.
READ MORE www.nrgmetalsinc.com/posts/nrg-metals-announces-hmn-lithium-project-optioned-for-18-million/
Portofino - has a magic wand. SALARS DISSAPPEAR.
MONIES GO MISSING.
CAN'T EVEN ATRRQCT INTEREST LIKE OTHER PEERS
LITERALLY GIVES AWAY...OUR LITHIUM.
Dave is not a, lithium miner.
Nearby peers on same SALAR, are more in the loop than POR could ever be.
I'm fighting for our Hombre SALARS.
Such a shame to see no other shareholders comment on CEO.ca.
Only me + Germany.
Perhaps....everyone else sold.
Is this what happens when a junior rolls.
Does practically nothing.
Shareholders Exit.
And only a handful remain.
Company decides to do as they wish....
Given only a handful of shareholders remain.
Yet...let's backtrack to that...infamous roll.
Was our voice + vote taken from us at this point in time ?
If so...I will contest it...a junior with so few shares out shouldn't be allowed to roll.
It tips the scales of power and strips shareholders from having a say.
How does one vote to give the boot to a Prez that loses SALARS...if the stock was rolled
and vote power is taken from shareholders - ha.
Nothing has been the same since the roll.
Nothing but poor performance + missing SALARS.
Cheers !