Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(202)
•••
Comment by brokeon Aug 27, 2013 9:25am
232 Views
Post# 21700145

RE:ReRe:Class action.

RE:ReRe:Class action.Notice of Action claims including $ 50M in damages as stated below in this link.

https://argent.canoe.ca/nouvelles/canada-lithium-le-recours-collectif-est-autorise-27082013

https://translate.google.ca/translate?hl=en&sl=fr&u=https://argent.canoe.ca/nouvelles/canada-lithium-le-recours-collectif-est-autorise-27082013&prev=/search%3Fq%3D%2522quebec%2Blithium%2522%26sa%3DX%26rls%3Dcom.microsoft:en-US:%257Breferrer:source%253F%257D%26rlz%3D1I7GPCK_enCA348%26biw%3D1368%26bih%3D944%26tbs%3Dqdr:d

They don't have it!! That will be $50 million in additional private placement or debenture funding to support this alone. Not including what they need to support the company itself. increased dilution cannot support this.

I see takeover or bankruptcy as the only options. I do not see this stock price going up any time soon. (bankruptcy with reorg, shedded debt, and new owners coming out the other side with us shareholders losing our investment) Just my opinion.
Broke
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities