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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Comment by airgoddafion May 07, 2012 11:29pm

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Post# 19882900

RE: Somebody is telling the whole story here

yeah you are missing that class action lawsuit where they raised money on a misleading and inaccurate feasibility study.... you know the one where investors got side swiped after they put $1.50 per share in the coffers. you can bet one thing, either this thing gets resolved thru negotiations or thru litigation, CLQ will pay one way or another. Based on history, I say its gonna be dilution and the market is tellin' ya that, aint it?

I say they are gonna bleed this down to about 30 pennies and dilute this thing with another 100M shares.

Might be better to sell now and buy back later if your long but selling is likely the best choice here.

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