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Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals
Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).


OTCQX:SREMF - Post by User

Sunrise Energy Metals Ltd
Bullboard Posts
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(3)
•••
Post by splitcoreon Jan 08, 2010 11:08am
602 Views
Post# 16654990

Some points on this stock

Some points on this stockHello all.
Points.
1. Glad to see the kids have stopped being childish for the moment.

2. A threadster commented that the 'weak SH' have been shaken out.  Unfortunately, and it's the real reason I'm posting today, it doesn't seem to be the case.  Everytime the 'ask' pot drops to a few thousand shares, someone dumps another 50000 or so.  If the trades stall for even two or three minutes, the ask quickly drops to meet the bid.
So, does anyone have a valid explanation for this?
Here is a given!  The demand for clq is huge!!!!  I've never seen a stock trade with such volume yet move so little. This stock would, rightfully, rise much, much higher if it weren't for the dumpers.  Who are they and why can't they see that they could realize greater profits by holding on to their shares longer?

This will probably wake the kids and incur their wrath but I sure would appreciate an intelligent response from the good people on this thread.

Good fortune!
Split.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities