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Bullboard - Stock Discussion Forum Neo Performance Materials Inc NOPMF


Primary Symbol: T.NEO

Chemicals Specialty Chemicals
Neo Performance Materials Inc. is a Canada-based company that provides advanced industrial materials, rare earth magnetic powders and magnets, specialty chemicals, metals, and alloys. The Company's business segments include Magnequench, Chemicals and Oxides (C&O) and Rare Metals (RM). The Magnequench segment production of permanent magnetic powders used in bonded and hot-deformed, fully dense... see more

TSX:NEO - Post Discussion

Neo Performance Materials Inc > Pullback and Recovery
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Post by Canoutchie on Dec 15, 2020 9:14pm

Pullback and Recovery

This has been slowly inching up. Another high was reached today. I've been slowly accumulating shares in this company, thinking it will have some leverage as demand for rare metal based materials for clean tech picks up, in addition to overall industrial demand beginning to pick up as we come out of this Covid recession. I'm not sure how much upside there might be; but in years past, I did well with a former incarnation of this company called Neo Materials. The pullback to $12.10 was a bit of an opportunity to round out my position; so I'm glad my hunch to buy on that pullback seems to have worked out. It doesn't always happen that way. GLTA
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