Bullboard - Stock Discussion Forum Century Lithium Corp. V.LCE

Alternate Symbol(s): CYDVF

Metals & Mining Industrial Metals & Minerals

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... see more

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Century Lithium Corp. > Cypress and the anchoring affect

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Post by beaker2 on Feb 01, 2021 2:12pm

Cypress and the anchoring affect

I hope Cypress uses the anchoring effect for negotiations.

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Comment by desertbarnacle on Feb 01, 2021 5:22pm

what is that anchoring effect, how is it used? Thanks, Bob

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Comment by yakattack on Feb 02, 2021 12:26am

He is likely referring to the anchoring effect regarding negotiations .. how certain viewpoints are discussed/viewed and centered around.

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Comment by beaker2 on Feb 02, 2021 12:46am

Definition: ‍ Anchoring bias is a bias that relies on the first piece of information received when making decisions, called “the anchor.” Once an anchor is set, new information is based around the anchor. The first number you see changes your perception of any numbers that come after it. Cypress needs to be the one to start the negotiations whether based on numbers or just anything that ...more

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