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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Post by armchair3on Nov 27, 2008 1:06pm
578 Views
Post# 15614468

Dilution

DilutionIf there was visual or assay evidence of gold in recent cores positive information would have leaked or been released to the public on the premise that CYP share price would rise and provide more bang for the buck in a new share offering. Furthermore, management would have held out for some positive information before making a share offering particularly if they thought such information was forthcomming. They know what they are dooing and they haven't seen squat! There has not been any leak of infomation about VG or assays because no gold has been found! This share offering has occured because CYP needs the money to survive and continue drilling- I am losing hope.
Bullboard Posts