WWTTFF Again it's pretty obvious what's happening. Nobody is making money trading at 0.14. When you watch the bidding it's pretty obvious that someone is selling - retail, Global, whoever. But someone keeps putting in a massive ask. Almost to set up the wall to scare people to take out the ask. Seems like it's an easy theory if you have a lot of shares and a lot of money, put up a massive wall, then put in a massive bid. People will likely sell down to you!
Regardless, like Yahoo says, I feel the management has let shareholders down in regards to price. They tell us everything is going to be ok, but really is everything ok? Either investors know something we don't, or investors that are master manipulators know that this stock is incredibly undervalued.....to the point that if they keep frustrating the retail investor to bail, then they are going to make great money in a very short term.
Management is moving forward which is great. It's what they need to do, but they also need to appease the average shareholder because people are really getting fed up. I think in regards to the manipulation theory I am going to stop with these posts, because it seems like the more backlash there is on stockhouse, the worse the trading gets. From the 500 share trades every minute and a half, to the massive sells, huge asks, and yesterday, relatively quiet. It's all games, and I hope management wakes up and does something about it.
As I was discussing yesterday with my buddy (PLM), we were talking graphite. JSL is maybe not being stupid to being a geoligist with a couple of these graphite companies. If he works a company with a healthy amount of graphite, we will be in the position to partner or make a deal with a graphite company for when the time comes to build our battery factory. So it's not all bad.
Also, Yahoo had a good find with Baggio, I didn't realize he too was part of American Vanadium. Vanadium is also in batteries......go figure. So we might be quietly making relationships among the way to our battery factory.
Someone mentioned that Lithium One is in Argentina. They are just North/West of our property. Go to page 14 or 15 of the presentation sheet. It says that:
.145 - CRE - Indicated Resources - 26,500,000 tonnes 1.30% Li20 Eq. and 0.98% LI20 and 163 ppm Ta205 - INFERRED - 10,700,000 tonnes 1.14% Li2O Eq.
$1.07 - LITHIUM ONE - Indicated - 11,750,000 tonnes 1.30% Li2O Eq. - INFERRED - 10,470,000 tonnes 1.20% Li20 Eq.
.40 - Nemaska - Indicated Resources - 25,078,000 tonnes 1.54% Li2O Eq. - INFERRED - 4,401,000 tonnes 1.51% Li2O Eq.
.64 - Canadian Lithium Corp
.68 - American Vanadium Corp
I don't have much more to add, I'm going to be a bit more quiet next week, I just hate to see these manipulators scare investors to buy the ask. Anyway, have a good weekend, can someone other then Blaggers call the company on Monday? If you do, ask some tough questions. Thanks!
Shelbs