RE:RE:High risk / High rewardfedor604 wrote: hector65 wrote: A buyout would be the best option. This would give them money to explore and develop their lithium projects But I am not sure they want a buyout nor to mine themself.
I guess they want a JV, but so far, it seems they didn't managne to conclude a viable agreement ...
This stock is high risk / high reward, all investors here should be ready to lose as much as they hope to win.
looking like someone is getting out...
ya figure there would be some insiders buying at these levels....
If placement is on the way.... They will have ruined this company's chances of a joint venture until reverse split happens again.
They will use holders money to pay for there project, issue more shares and reverse split untill they achieve a joint venture... that most likely outcome now.
No one wants to touch this company atm regardless of a PEA or not due to its bad track record and investors being scared of touching it.
like you say high risk / high reward ... I think the risk is far greater then the reward now hopefully a miracle happens here.
We all need a miracle now to go anywhere... PEA might make it spike to 10 cents if lucky then back down. just crud.