Post by
throwaway11 on Jan 22, 2024 11:26pm
What happened with this stock?
Let me get this straight
-The R&D partners were the University of Alberta, the Canadian Federal Government, CTRI Quebec, York University
-The company's MIP solution for metal extraction outperformed industry standard resins from Mintek and Dow Chemicals
-Draslovka is now actually in full traction with glycine solutions for the mining industry
-The York relationship was still clealy alive on the UTI test, with new research findings published as recently as last October
I have been watching a number of Canadian microcaps closely, some for almost five years. Many are companies I would describe as being unscrupulous.
One had Tesla's factory featured on its website even though they had no relationship announced with them. Another was a case of clear self dealing that it described as "evidence of objective market interest" in a press release.
These shady companies are somehow still trading. Most, even the worst it seems, can keep their valuation above $3m.
Yet, here is Sixth Wave, with all of its R&D partners and relationships with clearly legitimate parties - and its stock valuation suffered more than any of them.
From ~$30m in 2020 to less than $200k?
Really????
Comment by
Tslayer on Jan 25, 2024 9:01am
We all got taken. I would accept the fact we have lost our money and move on.
Comment by
throwaway11 on Feb 18, 2024 2:25pm
In your opinion, who did we get taken by?