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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
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Post by mkprovoson Apr 03, 2011 10:30am
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Post# 18378711

History

HistoryI do not have any info on history in this sector.   I am fairly new.  If the resource estimates are in question and the company says they could be significantly lower then expected.  Is this a common game to play, or do we take that from the horses mouth.  Is there any chance the new revised estimates could be higher?

The reason I ask, Glen Eagle Resources has a site close to CLQ, their estimates just came in 40% higher than expected?  It appears there is plenty of Lithium in the area?  Was CLQ juts overzealous in their original estimates, or could they indeed have better assets once the new analysis is done.  Or is that just wishful thinking and we are looking are a downward revision for sure, and we are just waiting to find out how much?
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