Canada markets close in 1 hour 2 minutes

New Age Metals Inc. (NMTLF)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
0.0505-0.0014 (-2.79%)
As of 11:57AM EDT. Market open.
Sign in to post a message.
  • S
    Steve
    Harry Barr himself buyin more.......has to be a good thing
  • S
    Steve
    Unreal. More results comin in and this zone continues to become more and more lucrative with each passing test. And yet the price continues to wobble.
  • B
    Brian
    I added more. Bargain shopping.
  • S
    Steve
    Great results on the banshee zone. Keep findin really expensive metal. Only a matter time until someone wants to dig it out the ground.
  • S
    Steve
    Baffled this drops on that news. People must really disregard the value of these metals.
  • c
    chicken slick
    Eric Sprott's increased investment from last week was at a share price $0.16. So hang in there. There was also some fresh news that Yahoo didn't pick up. I'm not much of a geologist, but seems like some good results:

    https://www.marketwatch.com/press-release/nam-further-demonstrates-presence-of-rhodium-at-the-river-valley-palladium-project-near-sudbury-ontario-2021-03-02
    Mar 02, 2021 (TheNewswire.ca via COMTEX) -- (via TheNewswire) Highlights - Rhodium (Rh) is the most valuable platinum group metal (PGM), with recent spot...
    Mar 02, 2021 (TheNewswire.ca via COMTEX) -- (via TheNewswire) Highlights - Rhodium (Rh) is the most valuable platinum group metal (PGM), with recent spot...
    www.marketwatch.com
  • P
    PianziDisano
    Eric Sprott getting onboard with 1mil in the private placement announced today!! Fantastic! Placement is for up to $4.75mil which will be primarily used on the completion of a Prefeasibility Study for the company’s flagship River Valley Platinum Group Metals (PGM) Project as well as their Lithium Two Project in Manitoba.
  • c
    chicken slick
    Press release from today 3/31/21: https://newagemetals.com/new-age-metals-closes-first-tranche-of-2975000-with-lead-order-from-eric-sprott/

    "The primary use of proceeds from this financing will be for the completion of a Prefeasibility Study and additional exploration for the Company’s flagship River Valley Platinum Group Metals (PGM) Project, one of North America’s largest undeveloped primary palladium projects, and for general corporate and working capital purposes."
    NEW AGE METALS CLOSES FIRST TRANCHE OF $2,975,000 WITH LEAD ORDER FROM ERIC SPROTT – New Age Metals Inc.
    newagemetals.com
  • A
    Anonymous
    $AAZ.V conversation
    HALT on New Age Metals!!

    $NMTLF is a Precious metals play (Palladium, Lithium) -a Jr Site exploration company, at the same stage as $ABEPF and $REZZF. both of those tickers popped within the last two weeks (Highs of ~0.70, and 1.50 respectively), and were trading at the same price NMTLF is at currently (0.13-0.15). All three companies are currently 2-3 years out from actual mining of their metals deposits.

    New age currently has 100% ownership of Palladium Deposit site in North America - typically Palladium is mined out of Russia and South America, so having total ownership in NA is a pretty unique advantage.

    Both Palladium and Lithium will see continued increase in demand in the coming years with the rise and increased use of green cars, especially with increased focus in cars being environmentally friendly; Palladium is used as the more effective metal in a car's catalytic converter as opposed to it's substitute, platinum. That said, hybrid cars require more Palladium than traditional conventional combustion engines. It is worth pointing out there there has also been a palladium supply shortage since 2012

    All that said, with the increase in hybrid cars as well as the increase in EV production and manufacturing, palladium and lithium demand will continue to increase, and owning the supply in NA will be that much more valuable.

    Lastly, Eric Sprott (THE guy when it comes to precious metals investing), has announced his investment of about 10% of NMTLF - it's passed his DD, which helps support our own research.

    In an interview with the CEO last week, he mentioned there would be an announcement coming soon in their study in regards to Rhodium deposits at their sites. This stuff is currently trading for $20k/oz.

    Given the price action of the two similar competitors, I'm watching to see similar movements in NMTLF in the coming weeks.
  • 🐷yBank
  • J
    Jasmin
    Lithium... Electric car... Palladium platinum better than gold.... partnership whit major Australian producer... Eric Sprott... I Fell like it's free money?
  • I
    Isla Juana
    This is a huge play. easy $1-$3 within 12 months. Top spot in my portfolio with 200k units at 0.045. Life is good!!
  • G
    George
    Sprott is looking to take over NAM looks like. Mr. Sprott’s beneficial ownership exceeds 20%.

    https://ceo.ca/@thenewswire/new-age-metals-announces-5050000-financing-with
    (TheNewswire)
    (TheNewswire)
    ceo.ca
  • S
    Steve
    Okay can anyone verify the twitter rumour that nam is applying for an open pit mine 100% owned by nam. Thats next level if true.
  • C
    C
    Long game
  • K
    Kev
    The River Valley project is literally in my cottages backyard and I can say for sure that there is a lot of activity happening throughout the year at their sites. Something is going to happen.
  • t
    thomas
    can anyone explain why this isnt moving? palladium and lithium spot prices are up, this should be following it no?