NYM decided to get lithium exposure in Canada while lithium was still a favorite. I suspect the intent was to use this to raise more capital. Now that the price of lithium has dropped, the public realize that in the medium term there will not be a shortage of lithium. NYM is now viewed as an early stage lithium exploration company with a huge exploration expense ahead of it.
The original investors bought NYM on the attraction of Rocky Gully, but NYM is no longer viewed as a REE exploration company
I am stuck with NYM now.
Just my view.
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