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Sunrise Energy Metals Ltd SREMF

Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).


OTCQX:SREMF - Post by User

Bullboard Posts
Comment by nihiliston Feb 04, 2013 7:09am
191 Views
Post# 20932534

RE: RE: RE: RE: NET trading January -

RE: RE: RE: RE: NET trading January -

you guys are all running in packs and from where I stand you're both wrong.  cousinwoolie was way wrong for not recognizing a bottom and for applying stupid TA analysis to a microcap that is not even in production yet.  Him and those other guys have been criticizing a company that has moved from the low 60s to the 90s in no time at all.  then there is the other camp.  those guys rode a company from $2 down to 34 cents losing 1.66 per share and now they're happy because they bought at 8 cents or 30 cents or so years ago and are now up 82 cents or 60 cents and glibly forget leaving the $1.66 on the table.

You're all mostly wrong on this company as far as I can see.  I see it having an easy ride to $1.10, maybe $1.15.  After that you either need a generous takeout, or a huge unexpected leap in li carbonate prices.  It'll be tough fight for every penny in share price after $1.10 because at that point people are going to be looking at the business as a company trying to make profits like any other of the tens of thousands of other public companies we can trade.

Bullboard Posts