Post by
Wheeler on Jun 06, 2022 4:52pm
Volume?
So does anyone have any thoughts on why our volume is so low during such a period of high volatility and high-volume throughout other lithium juniors?
Comment by
monkeyhere171 on Jun 06, 2022 5:39pm
Because CRE management stated that nothing will advance before permits!! So whoever wanted to buy already did with the last PP, many got burned and will not buy due to the PP. So this will stay in the sidelines and hopefully no major sellers show up as the price will easily collapse and all you need is to sell few hundred thousand shares
Comment by
settoretire on Jun 06, 2022 5:41pm
Because no one believes anything the Quebec government says. Crooked as the day is long. Don't hold your breath for the issuance of a permit. Might never come.
Comment by
Wheeler on Jun 06, 2022 5:47pm
Fair enough, but then why isn't the volume higher and the price dropping more as people look to get out?
Comment by
tiger2201 on Jun 06, 2022 7:09pm
If you are looking around, the VENTURE stocks all have low volumes, not only CRE, nearly all, except a few cases, like PMET. People just hold to go through the vilatility. tiger
Comment by
illusion81 on Jun 06, 2022 8:03pm
Speaking only for myself, who is already holding well over 1 million shares, I am currently waiting on confirmation of the provincial permit which for me is a key derisking event at which time I will be purchasing another $150K worth of shares at whatever price I can get them at after the news comes out. I'm confident there are others like me out there. Don't worry, the volume will come.
Comment by
Wheeler on Jun 06, 2022 8:48pm
If we have the permit and the SP doesn't move much, I will back up the truck and buy as much as I can. With permit in hand, anything under 2 bucks is a license to print money.