Why ??I will not use any scientific terms to explain but here is my take on what is happening.
There are a few very "pissed" investors that decided to get out after both the November NR's.
1) The PP at 1.75 may have been dealed when our SP was below that and if not for the spike that got our SP close to the 2 dollar mark, we could have thought " what a great move guys". But since the SP was higher, it looked like bad news and on top of that : dillution
2) so following the PP it appeared like CRE was digging in for a long wait and then we "find out" that the permit would not be delivered before MORE QUESTIONS are answered.
And since CRE cannot certify that these will be the last questions, and they have not publicly even spoken about those or the answers they sent in justt a few days after, some investors just decided to say "fudge this, I had enough" I am taking my money elsewhere (Frontier Lithium maybe ?)
Adding to this there are the ones that see the SP go down and get scared and dump. And that has other investors scared.
So the only thing that can turn things around now is a VERY GOOD NEWS RELEASE.
Will we have to wait for COMEX. Or maybe something else ?
I think I will ask Newcomer12 to send me a load of FAITH, since these days mine is running thin.
It is painfull to see us slide down that way when the worlwide lithium story is burning hot and we have the goods to grap a sizable chunk of the action.