RE:RE:RE:RE:RE:HKS vs ParadoxThank you for your insight Mononcle!
Regarding today's trading and stock price, I don't think it was only because of the news release but more an accumulation of different factors/events :
- Canaccord reviewing the Price target to 1.30 and buying heavily.. Did any of you ever witnessed something like that happening before?? a price target increase when the company didn't reach the initial target in the first place.
- Dr. Haber's appointment is a heavy factor as well, I think a lot of retail investors don't realize the impact of that news yet, how huge it is to have that guy join CRE's team, even the updated Canaccord report mentions it, I quote :
Investment Recommendation We maintain our SPECULATIVE BUY rating on Critical Elements but increase our target
price to C$1.30 from C$0.80 reflecting reduced dilution. The addition of Dr. Steffen
Haber to management of Critical Elements brings exceptional industry experience to the
advancement of the company’s Rose lithium-tantalum project in Quebec.
- We have also traded sideways for a couple of weeks while releasing very interesting news about the advancement of other projects, I remember the price dropping at every news CRE released.. I understand that investors might have expected news about the Rose Project but still, I really believe these "impactless" news somehow accumulate and benefit the company share price later when the market sentiment is more positive..
- Technical analysis is another factor as well.. I won't elaborate on this one, since I am still building my knowledge and lack a lot of experience in it..
JMHO. Good luck to all of us, I really hope we will break through .75 tomorrow with a volume increase, I think if it happens the 1$ mark will be really be close and that would be just the beginning..
Cheers!