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Clean Energy Transition Inc V.TRAN

Alternate Symbol(s):  GCRIF

Clean Energy Transition Inc. is focused on opportunities to generate positive cash flow, across the energy transition. The Company includes a Quartz division focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Quebec. The silica in high-quality quartz can be used to make silicon metal, a key component in solar energy panels. The Snow White project is located in northern Ontario, 500km north-northwest of Toronto, 105km west of Sudbury. It is just over 40km by road from the town of Massey- 25km on highway and 15km on logging roads. The property comprises ten claim units within three staked unpatented mining claims totaling approximately 160 hectares. The Silicon Ridge Project is located approximately 40km north of the City of Baie-Saint-Paul, which borders the north shore of the Saint Lawrence River in central Quebec. Baie-Saint-Paul is about 100km northeast of Quebec City and approximately 350km northeast of Montreal.


TSXV:TRAN - Post by User

Bullboard Posts
Comment by goldopportunityon Aug 18, 2016 1:14pm
118 Views
Post# 25154847

RE:why did this shoot to 9 yesterday?

RE:why did this shoot to 9 yesterday?Hey PatchHand -- sp rose yesterday on legitimate technical factors, and was poised to make even higher highs and higher lows....nothing nefarious. Then we got the news that there would be a rollback. And this am the market let Sean know just what they thought of it. I believe the company should have delayed any news of the rollback until market forces lifted the sp higher. Imo, sp could have very well gotten to the wt exercise price (ep) before expiry on the merits of the good financials, confirmation of pea release next month and pure technical factors. Getting sp to ep would have bolstered company coffers, which in turn would have moved sp even higher still. So what happens now? Imo, sp will probably rally up to .075+. Hopefully Sean let's us know the date of the rollback very soon as the market hates uncertainty. Jmvho. Disclaimer: I took profits yesterday when sp got just above the 200dma and I got back in this am. goldopp
Bullboard Posts