InvestorsHub Logo

HowardHughs

09/16/18 11:20 AM

#821 RE: tikotiko #820

NMKEF could see .35 before it climbs to 50.00 as it grows from pre-production to a blue chip with a market cap of $40 billion.I like the risk/reward here so I'm all in and willing to ride out the ups and downs.It's more likely to see the debt paid off rather than any more dilution as the price of lithium continues to rise reflecting the bullish supply/demand fundamentals.The talk of over supply is nonsense but it creates fear and opportunity until the facts blow away the noise.The lows might be behind us or it could take a few more weeks.We shall see.

balihi

09/16/18 12:48 PM

#822 RE: tikotiko #820

tikotiko,so far the CEO has been forthright with shareholders.I would say based on that,no reverse split is going to happen.Concerning the bottom,with the negative view on Lithium being over done,and the large percentage of loss the shares have had,we seem to be going sideways lately.This would seem to indicate most if not all the bad news is behind us,and accumulation is now taking place.All we need now is for some big broker(Goldman-Sachs?) to release some positive opinion,and we will begin to move up,along with the rest of the sector.