RE:RE:RE:MemoLet's compare peers' last 6m performance:
- CRE 1.51$ (-$42%)
- FL 1.50$ (-46%)
- Li 1.75$ (-58%)
- RCK 2$ (-33%)
- Pmet 11.20$ (-15%)
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No arguing that LI sector is down, another reason for management to go as the best time was last winter for a deal. We are not told why they pushed the timeline and then again so it's on them.
As all can see from the above, our performance is the same as the juniors who are still exploring or working towards the PFS stage. The Permit that CRE got has no longer any value to the Market!!!
It did bring the stock price to $3, however, that's gone now and we are weighted the same as junior explorers.
Rinn1 - Will we still blame the market for losing faith in management's ability to close a deal?