OTCQX:SREMF - Post by User
Comment by
Falcon44on Feb 10, 2011 10:41am
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Post# 18108807
RE: As much as I am disappointed
RE: As much as I am disappointedLike I said before, The Hype is over and done for Lithium plays, It was a fun ride while it lasted but parabolic moves end up in a disaster every time. I would say the stock will drift back to sub $1.00 in the comming months, not trying to bash the stock here but lets get realistic , they won't be into production for another 2 years, and in that time period technology can change regarding Lithium Batteries. You might even see new battery technology that doesn't use Litium, all I'm saying is don't rely on one Bought Financing deal to convince you that CLQ should be trading higher than $1.50, I remember OPC got a bought financing deal at $1.70 and look at it today. Time is the worst enemy for high spec Junior plays, and as you can see by the price action the last few weeks, the manipulators have all the time in the world to play this one down. Cheers!!