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Sunrise Energy Metals Ltd SREMF

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

Bullboard Posts
Post by splitcoreon Dec 14, 2010 11:57pm
522 Views
Post# 17847877

Today's event!!

Today's event!!To steal the title from one of TV's newer series, the big dump 'event' today was quite predictable.  We've been sliding for a few days now and all the 'rabbits in the headlights' and 'sheeple' were nervously shuffling back and forth, jumping at the slightest sharp noise and sweating bricks early this morning.  The share price could have trended strongly upwards but instead, a very small shift to the downside started an absolute panic.  You could roll down your window and hear the 'bleating' echoing off through the trees as the sheeple did what they do best.  I'm absolutely thrilled that the sell off process hit a snag before we dropped through the floor into the $ .80's.  I really thought we were in free-fall and nothing would stop us.  As someone said earlier, for everyone who panicked and dumped today, there were eager hands right there to swoop up the cheap shares.  Also, the buy-sell didn't just trail off today toward the closing bell but instead became hot and heavy to the 'up-side'.  In fact, we didn't end the day until well after 4:00 pm with the final two trades being 75,000 shares.(check the time of the final trade). You've got to remember that we now have at least a third of the entire share float in hands that have paid more than $1.00, so we are really close to a bottom now.
I don't know where it's heading tomorrow but I do know that there is more interest in CLQ than any other lithium play.  I also find it interesting that the bashers are coming out of the woodwork with negative comments designed to slow us down.  Case in point is 'highrider' who has no CLQ stock but does have 'TLH' and feels compelled to inform us that CLQ isn't as good as his stock.  Perhaps he wants to buy in and is hoping he can help pull the price down so he can buy in.  Who knows????

Yes we went up very quickly, perhaps too quickly and yes we have some distance to go before all the other ducks are lined up but there is no question that CLQ is the best lithium pick in North America.

So, I'll give the bashers a go at what I've written.

The best to all.
Split.
Bullboard Posts