RE:RE:13 good reasons for Cypress DevelopmentThe CYP project is in great shape. IMO, the watershed moment will be the pilot plant results.
The selling is the result of PI/Anon keeping the price down. Last week, a poster on this board said, after talking to CYP, that most of the Anon shares sold after the PP are really PI - over 9 million at that point. The reason escapes me as I don't believe PI got their hands on any shares below $1.25 but I could be wrong and the shorting volume appears low.
In any case, put all this in the rear view mirror. PI got us money that was badly needed to advance the project and with the Ioneer and LAC issues, we are looking very, very good.
Next news release is confirmation of purchased water rights. After that we should start seeing the pilot plant results, so, IMO, hold on to your shares.
Hopeful123 wrote: Any reason for the sell off .