Fun stockI don't know about you guys, but I find this a really fun stock to figure out. It's so hard to say when it's going to break out. And there's a lot going on - lots of trading, lots of news, two types of commodity (Co and Li), and a tight share price range. The market cap is less than their assets without including their reserves. Wider press coverage is minimal and just starting to bud. Insider selling is strangely timed, on the one hand, but on the other hand I like how the CEO communicates. And I'm not sure if I'm right about this one-- but I favour the accounting background. For a 20MM CAD company, I like the maturity and discipline (which I do identify with accounting, too).
The wall at .17$ is hilarious, but it is true that funding dilution may be a bullet to bite, too. Altogether it's just a really fun stock to trade.
Oh ya- and Co commodity prices are nuts. The .16$ share price still looks like a steal to me, from evaluation apart from watching daily trading. And it's locked in a mine in Ontario, which is great for permitting, and an off take partner has already been found(!).