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Rock Tech Lithium Inc V.RCK

Alternate Symbol(s):  RCKTF | V.RCK.WT

Rock Tech Lithium Inc. is a Canada-based company, which is focused on developing and optimizing high-quality battery grade lithium hydroxide monohydrate through the construction and operation of multiple lithium hydroxide manufacturing plants (each, a Converter) in Europe and North America, beginning with the Company’s proposed lithium hydroxide merchant Converter and refinery facility in Guben, Germany (the Guben Converter) and on developing its wholly owned Georgia Lake spodumene project located in the Thunder Bay Mining District of Ontario, Canada (the Georgia Lake Project). The Company holds a 100% interest in the Georgia Lake lithium project. The Georgia Lake Project is subject to a 1.5% NSR Royalty. Georgia Lake Project is a Lithium hard-rock deposit that is strategically positioned within the Thunder Bay Mining District of Ontario, Canada, approximately 160 kilometers north of Thunder Bay.


TSXV:RCK - Post by User

Bullboard Posts
Post by ytriguyon Jan 19, 2004 5:12pm
56 Views
Post# 6918110

What if?

What if?This is my first post here. I bought some of this stock last week on a friend's advice. It is a bit disconcerting to see someone continually step in to halt the upward progress of the stock. It seemed obvious to me last week that something wasn't right. The bid ask would be 9-10 with 60,000 on the bid and 8000 on the ask with over 300,000 shares traded and one would think the stock would have to go up to 11-12 cents. Of course it never has, because someone keeps stepping in to suppress the stock. I have two suggestions. First of all isn't stock manipulation by insiders illegal? And if so shouldn't the stock exchange be given a heads up? If this carries on for one more day I believe they should be notified. I don't like anyone messing around with my investments. Making a poor decision and losing on a stock is one thing, but being ripped off is totally unacceptable and shouldn't be tolerated. My other suggestion is this:Tomorrow(tuesday)I'm sure the same scenario will develop. Lots of volume, lots on the bid and not much on the ask at 10 cents. What if we as shareholders(or as many of us who can)step in and buy stock(say 5000 shares each at 10 and drive it up to 11 or 12 cents and see what happens? I have no problem with buying 4 or 5 thousand shares of this stock at 11 or 12 cents. We're only talking around 5 or 6 hundred dollars with commission and in a sense are we not protecting out initial investments? Hell, if enough people did it 2 or 3 thousand shares would be enough. I'm certainly not suggesting this so I can sell my stock, because I just bought it at 9 and always like to try for a double. After DD I firmly believe that this stock should be a winner. If the scenario develops tomorrow, I may even try and do it myself. I hope others will pay attention and jump in when the time is right. The whole idea here is to see if someone tries to drag the price back down. Then we would know for sure that someone is screwing with our investment. I think the idea has merit. Open to comments and other suggestions. Regards
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