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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Post by WeekendChefon Aug 31, 2018 2:11pm
147 Views
Post# 28550054

Price Suppression

Price SuppressionEverytime the price peeks over $.40, House (001 - Anonymous) sells it back down to $.39. This is odd as this kind of behavior is  normally undertaken by shorters however CYP has virtually zero short positions. My only other thought is that someone is holding it down to complete a capital raise at a price that the buyer is willing to pay. Let's say the PEA is great and if they hold enough shares to flood the market and keep the price down, then the next financing would be done at or slightly above current levels.
Bullboard Posts