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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 GoalLine18on May 27, 2021 11:10am
221 Views
Post# 33275492

RE:RE:RE:RE:CYP

RE:RE:RE:RE:CYP

All valid questions.  The only "positive" in all this may be that PI is taking a short term loss to drive the stock down by continually selling.  They have volume to make this happen.  By selling and driving the stock down, they may be influencing others to sell, further dropping the share price.

Gives them the opportunity to re-buy at the bottom (which they can larger influence) and make an even further multiple when this thing hits peer average at least. 

The math would work out on paper.  I would assume they would have way more information than us regarding what this could look like in the end due to the financing deal.  If you run the math out, it makes sense.

Total theory here - no factual knowledge if this is even in the ball park. But I am holding. 

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