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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 DerekForealon Apr 29, 2014 5:20pm
314 Views
Post# 22504396

RE:RE:RE:RE:RE:RE:RE: $22,032,000 equity financing

RE:RE:RE:RE:RE:RE:RE: $22,032,000 equity financingI currently hold shares, bought some more today
 This is my advice:

Hold your shares for sure until May 21, when the offering will be closed.
There might be a positive NR between now and and the 21, but I expect that the good ones to be out after the 21. As soon as you see Dundee 27 or anonymous 01 mass selling on the level 2... you are too late. Things will start to go bad fromthere. We might hit few tons.. wohoo hype hype ( watch those Investment banks) but I don't believe in that 20,000t target.  

I'm not shorting or anything, I joined for a long position a week ago. That last NR was the confirmation for me that it is not looking good and im out. I'll try to ride up the hill with dundee for a while, but I'll play it safe. 


Perhaps I'm wrong, but I lost faith yesterday. This is only an opinion. 

GLTA


 

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