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Century Lithium Corp. V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium is an advanced stage lithium exploration company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. The company’s world-class resource of lithium-bearing claystone is processed at its lithium extraction facility in Amargosa Valley, Nevada. Century Lithium is working towards completion of a Feasibility Study and subsequent permitting with the goal to become a domestic producer of high-purity lithium carbonate.


TSXV:LCE - Post by User

Bullboard Posts
Post by johnu48on Jun 23, 2020 10:02pm
226 Views
Post# 31184007

RE: NJDAVIES

RE: NJDAVIESI agree with Beaker2's comments.  They are basically the same observations I made in my post last week.  LI is looking at producing the same or similar lithium produxt as CYP.  They also sit in the position that  the commercial production has not been proven yet they are now trading 5 times the level of cyp ( they were both at .17 just a few months ago)  Li has doubled in the last week while CYP is still at 20 to 21 cents.  What s the difference.  Probably their mgmt's agresssive leadership and promotion compared to CYP sitting slient and watching the world go by. CYP is going to have to go to the market to raise funds if they can not find a partner.  Wouldn't it be better to go to market with your  SP trading @ 1.00 ( li current SP)  as opposed to CYP's .21 cents.  A lot less dilution, giving the long suffering SH's a chance to get their money back.
Bullboard Posts