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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

Comment by yakattackon Jan 21, 2021 4:25pm
218 Views
Post# 32352161

RE:Sold

RE:SoldIf you didn't sell though, it wouldn't be a 4x-5x from here.... that 16x would grow a lot more. 

Lots of upside here still.

But 16x is 16x.

See you at $7+ :)



nopoo wrote: I've never bought a stock where the insiders are selling tens of thousands of shares a day. Don't care what reason they give, has never worked for retail when it happens.

Having said that I have sold a considerable number of my shares in CYP. Shares I bought years ago at .11 and .13 are gone, for a sweet 16x. The rest of my shares are all in a TFSA and are up just over 700%. Won't be hanging on to them much longer, not saying CYP wont go up more, i fully expect it will.

But to me the math does not work, after all, to double my money from here requires CYP to go to $4.00, certainly doable, likely imo, perhaps even another 50% to $6. But 2.5 timers do not interest me. Both GPH and FVL are assets with way more potential upside, then CYP given where they can be currently bought. 

ttfn
nopoo


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