RE:Heads up......!!mrmomo wrote: Looks like Surge has finally ean out of steam and should start to settle in a tight range much lower than current prices. I don't expect anymore drilling results from their Lithium assets, but there should be an update from their nickel properties very soon. Should those be somewhat decent, it should give Surge an additional boost, but aside from that, there's not much else going for it until mid January 2023. I still expect them to revisit the financing, as they will need a lot of capital to continue advancing their projects. So expect something on that front in the next few weeks with a "revised" Private Placement.
On a side note, for both traders and fans of this sector. Folks might want ot check out Nickel Rock instead of remaining invested in Surge. The Surge story is done for now, but the Nickel Rock could just be starting. I've been invested in NICL for quite some time and it's been dead in the water as was Surge. I find that NICL to be a SUPERIOR company with regards to its assets, as the properties they own are 10X better than anything Surge has. On both Lithium & Nickel. I would actually consider for NILI & NICL to be sister companies because they "share" quite a bit of history & other things in common.
So check them out! If NICL can do even half of what Surge did, it could be an excellent opportunity for both traders & long term investors.
GLTA
another pump and dump?