RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$0.67 support, $0.80 resistance To begin with -- just want to say hello to my fellow investors and acknowledge that the ride has been unpleasant of late. We are all here to make money, share ideas, due diligence, constructive thoughts -- for the most part, you are all awesome and i sincerely appreciate your considerations.
I love the fact that MonkeyBrain quoted my post from 6 months ago?!? First off -- I stand by it still. And yes - I have been buying more. Second -- I can't tell you how much I love the fact that MonkeyBrain has been stewing in his anger and upset for 6 months from my post...wow, to respond to that now is truly a sign of how enraged you must be MonkeyBrain.....to say that you are pathetic was clearly wrong. You may literally be the most absurd, pathetic, angry and ridiculous person I have ever encountered.
I know no one else who spends so much time on this board and on CEO.CA letting everyone know how bad this company is, how you sold so long ago, how much you don't wike (spelling on purpose) the big bad managment. For kicks - people on this board who have not seen MonkeyBrain's posts on CEO.CA should check them out and see how much s/he is bullying those people....so sad.
You are literally the type of moron who would have told people to sell Amazon after its second 90+% decline in share price. You are a fear monger. You are a predator and you do not belong on a public forum....at least not one with intelligent people.
Everyone else -- put up a chart of CRE against any other Li name including multi billion dollar producers -- its basically the same chart. The ONLY conclusion one can derive is that the decline in share price is due to the market and market conditions for spot Li pricing.
As all commodity and resource investors know -- this is a cyclical area. There are peiods of highs and lows....that happens with all commodities. CRE is not immune and no different in that respect -- it is a commodity company.
As for the potential: fully permitted, north american jurisdiction, high purity, electricity and roads in place, agreement with our Cree partners, massive potential for Rose West....and oh ya, our neighbour on ALL sided PNPN of which we own 20% and 13m shares is up 20+% today.....and oh ya, the whole electrification theme globally that is in its infancy....and oh ya - the $15m in cash in our bank and an additional approx $9m in PNPN stock have us cashed up and safe for years if need be.
So Monkey - do yourself a favour, have your mommy change your diaper, speak to your shrink and ask for some antipsychotic meds as well as antirage meds, make yourself a frozen burrito and go watch an episode of Dora the Explorer....I think she is also into commodity stuff and may be able to give you a few tips.
Good luck to everyone else -- I am still very long and strong on this one -- specially at these levels. While it could go down another 10-20%.....the upside from here is anywhere from 100%-400% -- any good trader or investor would take those odds (oooops, sorry MonkeyBrain...did i just use too many numbers for you).