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Sunrise Energy Metals Ltd SREMF

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

Bullboard Posts
Post by theancienton Oct 30, 2014 12:53pm
364 Views
Post# 23077362

Lazarus

LazarusKamaniya, I couldn't  find the papers with more detail, but I found some memories from my old income tax returns. LOL
Here:
           I bought 10,000 shares of ADEX MINING @ $0.60 in 1998-99, in July 1999, ADX was halted, in Aug. 1999 the symbol was changed to ADXDF with zero dollar value, it disappeared shortly after. I claimed a 100 % loss ($6000) on my income tax for 1999. LOL
         Eight  years later in July 2007, I was up north fishing with my friends, I bought a Globe and Mail while we were in town for supplies, I saw a ADEX MINING trading @ $1.20 in the TSX weekly summary, after the fishing trip, I called my buddy the broker, he had to check it out and called me back : "Hey Ancient, I bite the bullet for you and sold the whole thing for $0.76 each". we had a good laugh that day, beers on me that week end. LOL.  The year 2007 was the only year I filed a RECAPTURE in my income taxes,  but I had no idea how or why ADEX MINING came alive again. LOL
  ADEX and CLQ/RBI have something in common:
They both have a metal with strong demand, Indium for ADEX, Lithium for CLQ/RBI.
Safe location-Canada.
Existing infrastructures (buildings and equipments in mothballs).
Low-risk investment (so they claimed).
Well fianced (so they claimed).
Production problems.(so we know)
They are (were) bankrupt one time.
Now ADEX MINING is still trading @ $0.015, the symbol is "ADE", I guess it is dying a slow dead, you young punks should do some research on why or how ADEX MINING died in 1999, and came back alived in 2007. and compare it to RBI, it could be interesting. LOL CHEERS, GLTA.
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