Century Lithium Corp. V.LCE

New to this board....

[Cancundude]

.....So hello CYP gang!  I am a seasoned trader and am rotating into the micro cap space and it seems to me micro caps which are part of the green movement is the place to be. Can any one suggest some reading, other posts etc that can give me good rundown on why this play could have some potential near term upside. I have done a little research but not much from what I can find. I do like the fact SPMT is drilling in the direction of CYP's property line and results are getting better the closer they get. Any help would be appreciated. I did jump in a little at 1.65 just wondering if I should increase my position. Thanks in advance. 

CCD

[jicoop]

Hey new to board, you can gte lots of info from aheadoftheherd website. Rick Mills does lots of great writeups on CYP , but be aware he owns shares and pumps at will . Now for this mornings LVL 2 Level 2 Quote Hide Level 2 Quote Level two quotes - Bid Number of Shares Bid Price

[Cancundude]

Thanks jicoop. Will check it out and ya everyone talks their book and why wouldn't they? You take a position then bad mouth it? Well actually have seen disgruntled investors talk their own positions down many times. Never really understood that CCD

[yakattack]

Not sure if this is a joke? But for the benefit... and of others... CYP is still 5-6x undervalued to lithium peers but is better in nearly every category - and that is BEFORE any upcoming news   Then regarding info we are waiting on:   financing pilot plant news jv/buyout news rare earth elements improved extraction possible larger resource (not that it's needed

[desertbarnacle]

Yakattack, Strong work, as usual.  LAC does have approximately 3 times the Li grade, 3000ppm vs 1000ppm for CYP, NRM, SPMT, but you list a number of equalizers.  We can add that LAC has a 3 to 1 strip ratio, while CYP has 1 to 1.  Take all you have listed together with the strip ration and I strongly agree with your statement re relative valuation.  Very comparable.  

[yakattack]

Thank you Bob. I didn't touch on the grade but that is important too. On that note, LAC does have a much higher grade, but to process it requires a lot more work, it's deeper, and if I'm not mistaken .. CYP's ore body is the only one which is really at surface and flat. The other plays all have weird angles and are deep down. CYP's drilling also was left open at depth if I

[Cancundude]

Sorry Yak unlike you I was not born with a plethora of knowledge on the company or the industry. Now having said that thank you for your 2 cents on the subject. Much appreciated  CCD

[yakattack]

There are a lot of travelling gypsy's that come by these parts... have to take them with a grain of salt and never know who's asking for real help. Take care and do hold a position even if you are a trader (I will re-asses company around $8) ------------------------- CYP is still 5-6x undervalued to lithium peers but is better in nearly every category - and that is BEFORE any upcoming