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Bullboard - Stock Discussion Forum 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... see more

TSXV:LCE - Post Discussion

Century Lithium Corp. > CYDVF Patience
View:
Post by WallStreet45 on Mar 29, 2021 8:00am

CYDVF Patience

Cypress Development is well positioned to gain significant growth over the next 12 Months! Everything is currently moving into position as we speak, the offering is currently over, the Pilot Plant is being built, cash on the balance sheet more importantly Dr. Bill Willoughny has assembled an extremly competent team that will extract the lithium from the clay.  This is not a sprint but a marathon!
Comment by fulogas1 on Mar 29, 2021 8:35am
 I think that we all should relax after seeing some of the insiders also bought into the $1.25 shares from the P1 offering. They know it is going higher IMHO
Comment by yakattack on Mar 29, 2021 9:09am
That's all nice and dandy but we are still sitting about 8x less than our competition average. When cyp is trading at $8-$9 then we can relax and discuss how great it all is. No matter how great it is, we still sit 600-800% lower. That needs to change and not in 18 months. Needs to change now.
Comment by Urbani on Mar 29, 2021 11:48am
Everyone was saying that when CYP was at .18 cents ... why, are we not... why can't we be up there... CYP hit $2.40 of course we all took some off the table ... Some probably bought back in a little higher extra... When the PP at $1.25 came out... good news, but CYP wasn't going much higher... CYP hit $2.00 right after the PP was announced... Of course we took some off the table then as ...more  
Comment by yakattack on Mar 29, 2021 12:01pm
At some point you cannot continue to buy non stop. Position sizing, cash, etc. Didn't sell any personally on the run-up because of the understanding that it should be 4x that at least. It looked like a mini spike to begin a re-rating which is why I held personally. Not trading this one. But this was to be expected as I mentioned, especially when management stated they are happy with the ...more  
Comment by johnu48 on Mar 29, 2021 12:10pm
If this is such a world class project there is no reason it is trading @ 1.00 unless  there is something fundamentally wrong.  The first issue is the PI is not supporting  the SP   even though they marketed it @ 1.25.  Secondly  Bill W. is not a market maker of promoter, he should step aside and get someone who knows how the promote.  Part of a CEO's ...more  
Comment by johnu48 on Mar 29, 2021 12:17pm
Continually averaging down is like catching a falling knife.  Long term investors will average down until the SP keeps  sliding to a point where you are just being suckered in. Look up any  literature on investing  strategies and it will tell you that continually averaging down is a recipe for disaster.
Comment by Hopeful123 on Mar 29, 2021 12:21pm
DM said on Friday that stock has bottomed...guess the bottom fell out. Never could figure out this company..
Comment by johnu48 on Mar 30, 2021 12:51pm
So much in believing what DM tells anyone
Comment by johnu48 on Mar 30, 2021 12:56pm
Last Friday DM apparently told a caller that the bottom had been reached in the falling SP of CYP.  Well today it is trading @ 95 cents. and the stampede for the door seems to have started.  I personally wouldn't believe anything that comes out of mgmts mouth.  Shades of Bayfield. Lac NRM Pe and ETMC are up and CYP is crashing as I  and others predicted last week.
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