Sunrise Energy Metals Ltd SREMF

RE: RE: Disappointing Week

[cousinwoolie]

CLQ is a bit of a heart breaker. many stocks have nothing but potentail and once they get bid up management issue shares and cash up and then once the cash is used up with no profits or assets to show for it shareholders are left holding the bag. I believe CLQ began with good assets and they are in a sector that will have demand going forward as electric transportation will find its place although probably never dominate. The problem here is once ths market began to recognize the potential and the assets in the ground in late 2010 CLQ management went hog wild and issued too many shares instead of finding ways to develope production without liquidating shareholders. All the pieces of a successful company were in place when Blackrock did the PP at 80 cents in late 2010 but since then management have botched a great oppurtunity. While many penny stocks turn out to be much ado about nothing CLQ was the real deal mishandled