Takeover Possibilities?The lithium market is simply crazy worldwide. There definitely has to be some major eyes on CRE at this stage of the game. Considering that CRE is trading at a HUGE discount to our peers it will even be more desirable proposition for another company to swoop in and scoop up the lot. I for one welcome any company that wants to come in and make a decent offer in order to avoid future financing debacles, stock manipulation and lack of market interest from management. If you follow the Shorts since October/November it's painfully obvious that some people got the "heads up".
I have enjoyed some of Eric's interviews but I find his response to marketing questions troubling. In one of the latest interviews he stated that our low share price was down to "market fatigue" and there were new stories out there attracting more interest. Marketing 101, if you have a great product that isn't selling then the next step is to fire the marketing department. The lack of marketing interest from management has been mind boggling and reflects massively in the share price. I also don't believe in the Oral Roberts approach but marketing is key to interest in the company and whether you like it or not it is a huge part of the SP especially when you have a product that is on fire worldwide as lithium is right now.
As stated earlier, I welcome any decent offer right now on what I still think is an amazing asset.