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Bullboard - Stock Discussion Forum Stillwater Critical Minerals Corp V.PGE

Alternate Symbol(s):  PGEZF

Stillwater Critical Minerals Corp. is a Canada-based mineral exploration company. The Company is focused on the development of exploration properties that host battery metals, including nickel (Ni), copper (Cu), and cobalt (Co), along with platinum group elements (PGE) platinum, palladium, and rhodium, as well as gold (Au). Its projects include Stillwater West PGE-Ni-Cu Project, Drayton-Black... see more

TSXV:PGE - Post Discussion

Stillwater Critical Minerals Corp > What is wrong with this stock??
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Post by oil991197 on Jun 24, 2021 3:39pm

What is wrong with this stock??

So they're supposedly waiting on maiden resource estimates for what's purportedly a mother lode of platinum group metals, including +/- $20k/oz rhodium, and yet the stock can't hold a $60 million market cap?!?! Share price down 30% once again and trading less than $100k/day...the market's excitement over Stillwater West, and the enthusiasm for the stock, is clearly underwhelming!!
Comment by CountOfMeltedCrisco on Jun 24, 2021 4:11pm
The short answer is "Nothing" but if you want reasons, two that come to mind are :  Summer doldrums; and  Everybody chasing the pie-in-the-sky over in Newfoundland.  As a 321gold.com sponsor, they're due one of Big Bob's Super-Duper Stemwinder Specials so expect him to uncork one any day now.  No, wait, he did one May 20, I just checked.  Ok, well in the ...more  
Comment by MHonestInvestor on Jun 24, 2021 6:12pm
Things may look a bit discouraging but hold on to your shares. Back in May we had just formed a cup and handle and was on the verge of breaking out of a long consoildation period - since December 2020 just as the PP was announced. We have now dropped down to the lows reached around March. My prediction is that once we emerge from these lows we will see all time highs. It may take a couple of more ...more  
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