I Have Been Blabbing About New Age Metals Namand finally did something about it. Had some birthday monies from yesterday which allowed me to pick the shares up. Right now the sectors that seem to be holding are oil and gas along with mining. I don't usually put monies into mining or oil and gas unless there is a greening benefit so I opened up to these sectors with that in mind. Averaged at around .131 more than the .09-.10 that i was following it at. If Eric Sprott was not there and the strategy not good as to what the company does I would not likely have bought in. I am looking for the equity to hit a buck at this year possibly more will flip about half the shares at that price so now as with this and everything else I sit and wait. So far all my big three have not lived up to my expectations price wise--being this mrs and axe. Axe is really being held back and people i can see are not too impressed as there are people stating it should be reflecting proper equity value.
Overall I am quite please with the developments not the share values as I strongly believe things have overcorrected and should be marching up. Matter of time not if here and other places. I figure now is a great time to inject a little capital and i was really too interested in very many companies in the .05 to .15 range other than nam. I shall see where it ends up. I personally have been touting it so it made sense to grab shares and i knew I would and just have done so today.
Would love to see all nda here dropped i am quite sure that is what is going on and it will prove to be the case at some point this year whether we see revenue this quarter or not we will at some point this year. Now I am fully loaded i think unless I nibble on more nam which is a possibility if under .15 and i can keep the cost average below or around that. Looking for at least a 6 plus time return on half the shares.