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Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > Latest news all but CONFIRMS A BUYOUT is in process.....
View:
Post by deepoil0808 on Oct 31, 2024 9:10am

Latest news all but CONFIRMS A BUYOUT is in process.....

My ladybug was right, we got news.  Glad I posted ladybug  before news so those whom are skeptical can be quiet.

I read the news and had to do a double take.

Remember I read corporate body language.   The MI-3 deal is not complicated to close, it only required that NILI get shareholder approval.   M1-3 had complied with the deal.

Surge did not call a shareholder meeting and none is forseen for the future.  Deal was simply amended to June 2025.   Question is why?

Also Nickel deal was kind of just thrown away, kind of cleaning up the balance sheet.   Why throw it away like this?

These two items SPEAK LOUD and CLEAR that we are in a BLACKOUT PERIOD.

It also confirms that NILI will be BOUGHT OUT before June 2025.

I had stated that we were in a blackout period previously and had lived it before.   I have seen the companies corporate body language change. 

The question is at WHAT PRICE will NILI be bought out?

We have seen from stock DRUG that was badly undervalued and went from $ 1.08 to $ 100 per share in 3 days, once a competitor put a $ 6.6 billion price tag on a company.

NILI worth anywhere from $ 5 to $ 10 per share.   Deal will settle somewhere in the middle.

It is so easy to justify a buyout price based on latest news of 25% increase in lithium.

Good Luck and MASSIVE FORTUNE is pending....

My  personal opinion (ladybug report)
Comment by CdnHype on Oct 31, 2024 11:20am
Test test
Comment by CdnHype on Oct 31, 2024 11:26am
Well deep my 3 previous posts never went through hence the test test lol. So while you and your bugs read corporate body language. I read the low volumes and declining prices since these last 2 news releases. That tells me that almost everyone who attended that latest ladybug symposium was underwhelmed. I do hope I am wrong and that you and your prognosticating bugs prove me wrong and that I end ...more  
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