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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
Comment by Falcon44on Mar 03, 2011 9:23am
294 Views
Post# 18224306

RE: RE: Today's Action

RE: RE: Today's ActionThe reason we will see a relief rally today is that the brokerage houses that have been buying all the sell orders the last 2 days will manipulate the price the other direction to attract the sheep (retail) into buying at a higher price so they can unload those unwanted shares, This is typical in a sell off of this magnatude. Everyone out there always wonder Who's buying these shares if it's so bad, well your brokerage firms have to buy up the stock, thats why you get a gap down, they take the other side of the trade and Gap it down so that they don't end up holding the stock at higher levels. Then comes day 2, still lots of selling so they buy all of those trades at lower levels yet. Once the selling pressure lets up they manipulate the stock by cross trading between houses, just like they did on the Gap down, only this time to the upside. Then presto, they make their money back at a higher price, they never loose in the end, only you do. Happy Trading
Bullboard Posts