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).

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Sunrise Energy Metals Ltd

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Post by splitcoreon Jan 05, 2012 2:50pm

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Post# 19373630

Hard to be prescient.

Green. It seems that all the houses are buying AND selling. Over a million shares have traded at .45 in the last 1/2 hour. Nearly all the institutions are doing cross trades. I wish I was savvy enough to know what the significance of cross trades are in this instance. Are they covering losses but not willing to actually give up the shares by openly selling them? There are over 500 thousand wanted at .445 so it's not like those in the know are bailing. In point of fact, the drop is only .045 c. so considering all the action, it's clear that there is a huge demand for shares. Too bad there are also those who are happy to meet the demand instead of holding on and pulling the price up.

Split.

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