Neo Lithium Corp V.NLC

RE:RE:Two Lists

[GGDawg]

That is the $1million question? Being able to predict when to sell before they announce financing would mean being able to make money big time. There will most likely be dilution when they do announce but hard to say what the effect will be and it also depends on investors appetite for lithium miners. NOU.V announced 7000000 shares offering and the effect was major on the share price while CXO announced offering yesterday and share price still went up. I personnally believe that $500 million market cap at this stage is quite high especially if they dilute with another $500 M or so. We could see share price drop back down to 2.5$ when they finance but who knows. I hope I am wrong but none the less NLC might easily be a 10-15$ stock one day IMO so I try not to stress about it.