OTCQX:SREMF - Post by User
Comment by
windwalker4on Sep 16, 2014 8:41pm
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Post# 22942302
RE:on the meaning of the financing news and impact on pps
RE:on the meaning of the financing news and impact on pps
Good Honest Post!!
I'm a long term shareholder with a similar sentiment going forward...Bought in as a lithium play , and long term approach to this investment!. Obviously I'm down big time , but still not willing to sell (don't need the capital loss ) ..still I think the backers , ie Quebec gov't and other key players give me confidence, along with the fact this mine has HARDROCK Li. with a long minelife , vs brine producers with less quality and higher AISC's and poorer jurisdictions.
The de-listing warning is a normal response to the news from RBI,, re. financing needs, but of course this would spook many investots , hence todays market reaction!!..
I will take the wait and see approach for now , but for others with more cash , I also see a great opportunity for a bounce , if you have the the belief in the outcome..