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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 > The NMX Lithium Shareholders Group
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Post by Alcide on Jul 07, 2020 11:04am

The NMX Lithium Shareholders Group

Message to PM Franois Legault
Prime Minister Legault
In parallel to the efforts and leadership you exercised during the Covid 19 crisis to protect the health and well-being of Quebecers, you must now prepare for the economic recovery which is becoming more and more glaring.
Your government believes, as we do, in the bright future of green energy and therefore should not fail to act in the Lithium sector.
In its economic recovery projects, Quebec has made the commendable choice to move away from the fossil fuel economy and that it has unique assets to achieve this.
Quebec is blessed with an abundance of mineral resources (Lithium, Nickel and Graphite) and hydroelectricity which are extremely well placed on the battery manufacturing agenda.
This promising future in the construction of a complete value-added chain requires that Quebec play a strategic and preponderant global role.
The combination of the Whabouchi mine and the Shawinigan processing plant require only a second wind of funding to be realized. However, a direct intervention by your government is necessary in the file to improve financially the offer chosen in the SISP process so that Quebec maintains its important role in the Nemaska project.
For the Nemaska Shareholder Group, the only acceptable choice is to relaunch Nemaska Lithium, for both economic and political reasons. For Quebec's reputation on the international scene, Quebec's ability to attract foreign investment, Quebec's economic development in a sector of the future and good for the environment, for the implementation of your electoral promises and the implementation of the Quebec Electrification Plan, to encourage Quebecers to invest in Quebec; it is essential to choose the relaunch of Nemaska and not the sale of its assets.
In this orientation, we therefore urge your government to take the following actions:
1) Explore and use the federal program in the Pan-Canadian Framework for Economic Growth Without Greenhouse Gas (GHG) Emissions.
2) Request federal investment of $ 400 million in support for this Nemaska Project, Quebec's green pipeline.
3) Double IQ’s investment as a financial partner and shareholder of the renewed Nemaska Lithium to ensure that the Whabouchi mine and the Shawinigan processing plant can resume operations. This Nemaska Project would not have been possible without the financial support of thousands of small Quebec investors and they must maintain their presence in this renewed Nemaska.
4) Prevent the 25,000 shareholders, mainly from Quebec, from being evacuated from this project, through the restructuring and refinancing process of Nemaska Lithium.
Among these shareholders is a wide spectrum of people: retirees who have put a large part of their retirement funds, businessmen happy to invest their money locally in the stock market.
 Here is a testimony from a small Quebec saver:
"I have invested $ 255,000 and I want it to work as the Prime Minister said and the Minister of Development" we will not give up! Nemaska and we have money. The project should be done by the government and small shareholders. The words of the Prime Minister and the Minister have had a great impact on my future. I am 67 years old and disabled. I don’t want to make anyone cry but I wish it wasn’t empty talk because I take it very seriously. "
Alcide Gour
Shareholder group nmx lithium https://nmx.zone/
nmxinvestorsgroup@gmail.com
Comment by mick1888 on Jul 07, 2020 12:08pm
EXCELLENT..... ;-) Well Done Alcide.... ;-)
Comment by Calgary_AB on Jul 07, 2020 2:00pm
Mick, "well done..."???!!! It sounds like begging....by ordering the minister to do as he's told...ONLY IN QUEBEC The worse unprofessional letter EVER. But even if it was a "well done" it still wouldn't matter, this is business and if business is not well put together and too many F. ups as it happened with NMX the end of the rope eventually comes, for NMX is already ...more  
Comment by Loserboard on Jul 07, 2020 3:36pm
Once this deal is done and the retail is still in the game. Don't forget to cover your short Calgary. Going cost you.
Comment by Calgary_AB on Jul 07, 2020 4:09pm
I wish I shorted it long ago....but I never shorted any stock and I don't believe in borrowing to gamble eventhough it wasn't a big gamble as I saw this early enough falling like a dead bird...I invest my own money in stocks I believe in... But just for fun; how would you cover a stock that is not even trading? Do you feel better about your loss if you say I am a shorter? If I was a ...more  
Comment by TFSAfunds on Jul 07, 2020 1:33pm
But, I thought most here are saying the 8 bidders still in contention are frantically trying to outbid each other to acquire this "can't miss" project! July 10th is the "put your money where your mouth is" point, so are there really still 8 bids out there? Alcide, again you're asking for a bail-out, predominantly from the Federal Gov't and as a non-Quebecer... I SAY ...more  
Comment by Ciseaux on Jul 07, 2020 11:21pm
Well writen Alcide.  We knew Calgary was a dumb loser, but FTSAfunds really stinks with his response. No empathy whatesoever. A guy loses a huge chunk of his life savings and you find nothing more than to ridiculise him.   Of course, we all hear that you should be careful with your risk/reward decisions. I guess most of the 25 000 investors won't be affected too much with NMX ...more  
Comment by Calgary_AB on Jul 08, 2020 12:10am
You have it all mixed up... Who is the dumb loser, the guy that sold for a profit and told everyone else why he sold or the guy that has shares in NMX right now? The stupidest dumb loser is the guy that kept buying every time NMX dropped... Alcide is smarter than most of you jokers...he is recouping some of his money back through donations from your dumb a$$ Ciseaux, could you please go F ...more  
Comment by TFSAfunds on Jul 08, 2020 12:53pm
Ciseaux, based on your response, you obviously know there is inherent risk associated with any investment, be it the stock market, pork belly futures or Bernie Madoff's ponzi scheme...  Do you think governments should reimburse everyone who loses money in an investment? Of course not! This guy's story... can it be fact checked? In today's world, people say anything and it's ...more  
Comment by Calgary_AB on Oct 17, 2020 3:40pm
Here is an example of a post from not a very bright individual He called me a Dumb Loser even after proof I was right for last 3 years... How can he call me a "Dumb loser" when every opinion of mine turned out to be true? Who is the loser here? Many of you chose to attack instead of conversation simplii because I had a difference of opinion. Mick, you said I spread lies and conspiracy ...more  
Comment by mick1888 on Oct 17, 2020 3:45pm
Ok...you were right, now F#ck off man and give it a break.... we're all hurting enough.... ;-[
Comment by Calgary_AB on Oct 17, 2020 5:29pm
Mick, was it necessary to say "F#ck off"? How much do you think I will feel sorry for you after you tell me to F off? Where is the DIVIDENT Mick? I told you so! you should of listen you stupid brainwashed pumper