Surge Battery Metals Inc. V.NILI

NILI is NOT REQUIRED to press release NDA

[deepoil0808]

I owned stock in a corporation that was bought out, trading on TSX.

This corporation signed a NDA with the purchaser and it was not disclosed to the public until the buyout was official.

As an investor I was upset because I had wanted to know so I called the TSX and they told me that an NDA is not material information as party are in negotiations and no deal has been signed.   Therefore public company was under no obligation to press release deal.

The purpose of an NDA is to keep things confidential from investors and competition.

We are in a BLACKOUT PERIOD and the only way investors can ascertain this is by checking out the stock price and volume.   Interested buyer can be buying on the open market while NDA is in place in order to reduce overall purchase cost.

If you have doubts about NDA, call the TSX and you will be informed. 

Good Luck, 

[ETalien]

If that is the case, WE still do not know if they do have one in place. WE shall see...

[deepoil0808]

Shareholders will be the last to know. That is why I read the tea leaves or "corporate body language". Two big hints were dropped: (a) In Mega Press Release of 11.25 million tons of LCE, Evolution Mining is identified by name for the 1st time and more importantly NILI divulges the cut that belongs to them 75% of private land 2.89 million tons of lithium (b)  PEA pushed out to Q1

[ETalien]

Sounds like exactly what I want to hear. Either way if there is one thing I am sure of, it's the HARD DATA. ALL FACT! My buying is based on it and everything after that is gravy! Good post!  deepoil0808deepoil0808