Post by
david3549tw on Aug 18, 2021 12:37am
Information asymmetry
Some of us here are convinced that CRE will get both permits, that CRE will partner with a major European automaker, that CRE will get low-rate finance from the Quebec government, ...., etc.
However, the markets are not so convinced.
Information asymmetry.
The bright side of this is that we get to buy shares of CRE very low.
Cheers!
Comment by
Dareg on Aug 18, 2021 9:49am
I wish we had the Quebec permit in hand and waiting on the federal permit. I still have an uneasy feeling, waiting on the provincial government to grant a permit, that clearly has bailed another project out of bankrupcy, and in so , has geerated a conflict of interest. Until we have both permits , I won't sleep at night.
Comment by
Wheeler on Aug 18, 2021 10:26am
The Quebec government may be invested in new nmx but I suspect their interest is mainly in creating jobs and economic development, why else invest in a beat up dog, there are many better companies to invest in, my worry is not with the Quebec government, they want to build a lithium to battery to car chain, my concern is over what comex has to say. jmho
Comment by
Wheeler on Aug 18, 2021 10:52am
Just as a footnote, nmx received their federal permit about 5 weeks before their provincial permit.