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Bullboard - Stock Discussion Forum New Age Metals Inc NMTLD


Primary Symbol: V.NAM

New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration, and development of green metal projects in North America. The Company has two divisions: a Platinum Group Element division and a Lithium/Rare Element division. The Platinum Group Element Division includes the 100% owned, multi-million-ounce, district... see more

TSXV:NAM - Post Discussion

New Age Metals Inc > Deliberate Price Suppression Here
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Post by ScarletSpider on Mar 21, 2022 9:42am

Deliberate Price Suppression Here

the question is who and why. I had suggested most likely a raise but that doesn't necessarily have to be the case. This may be a way to shake shares out of so called weak hands and or from people trading to get shares to control the price from slipping or to get cheap shares without raises to keep gaining overall ownership. Hard to really say what is going on here and why other than to still feel that the shares are quite undervalued. Having said that I will be interested in possibly adding up to .15 after which no because I do strongly believe.30 is guaranteed despite saying this can get to a buck or more this year that depends more on actually getting people working on the mimes something more than assaying samples. That is the first step we need to see people regardless of major or minor players start to develop the properties no doubt majors are highly desired but the point is things have to move from the initial two or so phases to getting third parties in the game that is when things will really start to move. Mining in the initial stages takes time. I hope the company will take an up front cash payment of good amounts plus a perpetual licensing royalty percentage...say a few millions cash payment and 10 to 20 percent licensing as they are not holding the properties or putting further risk and time to develop them. I don't think they will get more than 10 percent licensing which I think is fair 20 others will feel is high but I think that is top end fair hence the range however my best guess is most likely 10 if the company negotiates more that will be damn impressive as for up front payment I was thinking about 1 to 3 million closer to 2 to 2.5 million but I think it may be more like 1 to 1.5 million if they get more that too will be impressive. I like the strategy that is why I am here but no doubt a bigger additional reason is Eric's involvement the longer he stays the better so all eyes on him. I don't usually get into mining for 2 main reasons I don't like endless mining and environmental implications however if done really responsibly to green energy I will cautiously come the other most mining company on juniors and as to the old Vancouver Exchange were known as moose pasture nothing there. Eric must have liked something here he isn't a billionaire for nothing even so we have to watch our shares and manage them not saying people are crooked here but you just don't trust anyone to make you money other than yourself...we no one else is accountable for both losses and gains. There are lots of gamesmanship on the boards and manipulation off of them...see profit best to take some of it. See your shares getting pummeled best to know a low trigger sell and take some monies out to have to average down when stocks level or sell full out take the loss if the company starts to look shaky but don't blame anyone or anything other than your own failures to trade shares strategically because when you do you will tend to lose but when you don't and you take ownership you will see your wealth increase. You take control of your shares and gains loses no one else. If you don't look after yourself no one else will do it for you. In any case yeah someone or one's are heavily suppressing the price. I have my strategy as I said when possible if I continue to like what I see buy up to .15 I will set my low trigger at .10 I would need to sell half to make any sense if I follow it or take a hit wait things out and decide whether to add at level point or don't and wait for rise. Given how I am assessing things over the year I probably won't sell half although that would be the right form and practice. If I had way more shares I would sell 20 to 25 percent but I don't just a piddalence hence why on the rise I am looking to buy otherwise I would just hold. I will have to see what the news is and go that way so I am on the fence whether I would sell half at a dime or not....I am leaning towards no because energy is where it is at and unless a company starts to totally f up I will likely hold possibly average down but from what I see looks like .115 is floor so while this hasn't moved decisively .12 plus .115 seems like a solid floor which folks is not bad in that regards patience will pay off. I averaged at .13124 and not angry waiting though patiently and seeing where things go. .50 to .60 is quite possible to get more we will need to see third parties getting involved. With many properties substantiation of assayed core samples that is really good. I am not knowledgeable about whether after seeing all the drill holes are successful whether there may be another follow up to expand the confidence or if the usually 4 from what I read is excellent in themselves they open the mine up to the third party will need to get more familiar but let's say they open 2 or more mines and there is success in contracts I think that will send share values .60 plus all about 3rd party presence but prior to that successful confirmed core sampling so really with the last two if aa good as it sounds whether further sample follow through or arranging with third party and filling their requests it takes time however I figure we should be hearing April early but most likely May/June. I don't think I will have a long stretch to add .15 or less and if I am right I may only have one real small shot. This will most likely blow around May June possibly April but that still seems a bit soon. So far the lithium property and the palladium loom good. I think we will be happy...just talking out loud very lay person not saying what to do other than highly suggesting to strategically trade that is mostly what I say unless people are biasedly bashing or pumping I pick and chose to respond but really trying to get out of posting in everything as I did promise to but I am yappy passionate and as you see here 98 percent of the times have long posts many people dislike others no that's all fine this is just me being unapologetically me I don't care about negative comments and try not to care about false claims as to who I am and if people twists my posts....not there yet I do care but like I said I pick and chose in my response if I get pissed after trying to reason with people who are more interested in trying discredit me I stop responding I have come to learn people will do so whether you respond or not so best to ignore save my energy. Anyways folks good luck I see a solid base which is great. This should only trend up.
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