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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 AtoZsportson Feb 05, 2023 7:38pm
212 Views
Post# 35268052

RE:Recent price rise?

RE:Recent price rise?The public is funny sometimes. The name change probably did spur some interest although it has zero to do with the actual value in the company. The SP has been knocked down by the Fed raising rates and the tax loss selling this year was brutal. All the happier it made me. I took advantage of all of it to get more shares than I ever could have on my limited budget. The company made probably its biggest announcement on 9/19/22 that the pilot plant had gotten to 99.94% pure carbonate. Only to have the fed 2 days later raise rates .75 pts and give strong guidence that more was coming. It took all the steam out of the fabulous news. Then the endless tax loss selling kicked in and it was an anchor on the SP.

Now the Fed is nearing or at least closer to the end of rate raising. The tax loss hangover is gone. The FS is upcoming. Ioneer another clay project got $700 million in government loans. Their project is nowhere as good as Century's. GM just stepped in and locked up LAC Thacker pass production for at least the fiirst 10 years of production. Another huge vote for clay deposits. People are finally starting to put it together that Century is 100% going to become a mine. It is only a matter of time. They are peaking at the right time and will have multiple bidders for the project. My hope is that Albemarle is the winner and I can turn my Century stake into a nice chunk of ALB stock which pays a dividend and will allow for the selling of covered calls for more income. Then I can roll leftover profits into my favorite nicklel play. That being FPX nickel. 
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