OTCPK:MLNLF - Post by User
Comment by
tiger2201on Feb 19, 2021 9:14am
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Post# 32607879
RE:Why is price falling?
RE:Why is price falling?Hi aokay,
It's depending your investment time frame. If you believe EV revolution, then there will be lithium shortage on its way. Long term it is a buying oppurtunity at current price, as you said the new offer was at Can$4.00.
The reason for its low SP, JMO, it was caused by inside selling. It seems the management has NO confidence in their business, then translate NO confidence from investors.
tiger
aokay wrote: Hi everyone, am new to this board, researching this company, thinking of taking a position. Any thoughts as to why stock price has drifted from $5 range to $3.50? Recent financing was higher than current price. Would value any thoughts,on short term and long term potential here. Thanks!
Aokay