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Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals
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

Sunrise Energy Metals Ltd
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Comment by pneves001on Dec 16, 2013 4:51am
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Post# 22008640

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: Shipping

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: ShippingWell here is the thing greendaze. Its one thing put in money and lose it because of something unforseen. But here is the concern I have with this stock right now and why I'm nervous. We have had them miss now all year really deadline after deadline. I watched peter secker go on to BNN and say in August the reason why the stock is down is because we've missed a few deadlines.  We now have to ship in October. Well october has come and gone and there is no news of a shipment ever going out yet. And yes I'm under diversified. It was a risky move because I believed that they would  miss maybe one or two deadlines but not several. 

I think that if the merger means that we replace the management team of this company that is one major bonus. But now we have a reverse split. And what I'm counting on right is the number of shares I own. What happens if the price of the shares of the combined company goes down? Then they've just taken my shares and delivered no value for it. 
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