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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > Calgary...any thoughts?
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Post by Master splinter on May 11, 2020 6:50pm

Calgary...any thoughts?

To begin, my man...YRI was a succesful hit. I apprecitate the effort. Well done. Still holding. Tallks of massive merging and acquistions in the precious metals majors and I assume the stock will continue to rise. Have a few juniors too and gold is a sure thing these hectic and unpredictabe days. 

Now, my question...do you think battery metals are a good investment at all? I have been eyeing the cobalt refinery here in North America and want a fair honest opinion as to whether or not you think it will be a profitable adventure. FCC has target price of 0.60 in one year. The stock lingers at 0.16. The refinery is capable of producing cobalt sulphate and has been confident in publicly sharing their future alignment with Glencore. This particular refinery is the only one in North America. Collaboation with Glencore is the catalyst for upgrading the refinery to a drastic increase in the production of the colbalt sulafte (almost like a commercial entity). Does this particular stock have the variables to become a profitable investment? Just give me your humble opinion please...
Comment by Calgary_AB on May 11, 2020 9:42pm
YRI is doing excellent I sold it all...just wanted to double it and sold it off. I'm into gold and silver only right now, If I had more cash I would buy more silver and gold :) Now to answer your question; I do not know... I do not have enough knowledge on batteries and from what I see Batteries will always be needed but there was a LI hype that ended...will it come back? Hard to know, after ...more  
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