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Neo Lithium Corp V.NLC


Primary Symbol: NTTHF

Metals & Mining Industrial Metals & Minerals
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

Neo Lithium Corp
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Post by LithiumNPVon May 07, 2020 1:34pm
120 Views
Post# 30998838

Very frustrating

Very frustratingEven though I have no money in NLC and got out years ago at $1.80, I have been looking for opportunity to get back in. But the facts on the ground are the oversupply situation is relentless. It must be not only because covid-19, but subsidies for EVs ended, and how easy it is to extract hard rock lithium. The oversupply in report after report and chart after chart show us that we will not come into balance until 2025 and even 2028. EV sales dropped off a cliff. We have to wait till at least 2023 before buying NLC. The reast of this year, and 2022 and 2023. All I can say is very frustrating. Patience is even wearing thin on me also.




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