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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

Post by nopooon Jan 21, 2021 3:51pm
391 Views
Post# 32351094

Sold

SoldI've never bought a stock where the insiders are selling tens of thousands of shares a day. Don't care what reason they give, has never worked for retail when it happens.

Having said that I have sold a considerable number of my shares in CYP. Shares I bought years ago at .11 and .13 are gone, for a sweet 16x. The rest of my shares are all in a TFSA and are up just over 700%. Won't be hanging on to them much longer, not saying CYP wont go up more, i fully expect it will.

But to me the math does not work, after all, to double my money from here requires CYP to go to $4.00, certainly doable, likely imo, perhaps even another 50% to $6. But 2.5 timers do not interest me. Both GPH and FVL are assets with way more potential upside, then CYP given where they can be currently bought. 

ttfn
nopoo
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