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Bullboard - Stock Discussion Forum Comet Lithium Corp V.CLIC

Alternate Symbol(s):  XTRRF

Comet Lithium Corporation is a Canada-based lithium-focused exploration company. The Company is engaged in the business of acquiring, exploring and developing mining properties. It has interests in properties at the exploration stage located in Canada. The Company’s properties include Liberty Property, Troilus East Property, Ducran Property, Triple Lithium, Galli Property, Pontax South and... see more

TSXV:CLIC - Post Discussion

Comet Lithium Corp > Inside advise from the CEO!
View:
Post by Golddigger12 on May 12, 2022 10:06am

Inside advise from the CEO!

On Sat, Dec 19, 2020 at 8:49 AM mike Ferreira <mferreira@xterraresources.com> wrote:
Okay, it’s a tough question to answer as 1 person investing that kind of amount, we would most likely accommodate them in a private financing for half the position (say $1m dollars worth of stock) and they could accumulate the balance in the market. But still, buying $1m dollars worth of stock aggressively (like say before results) would most likely run the stock up between .05 and .10c easily. At current prices, they could buy between 7.5 to 5M shares. But to accumulate that amount at these levels would take many many weeks. 
 
On the flip side, $2m dollars worth of buying would certainly increase the price even more  depending on the aggressiveness of the buying. What can and would most likely happen, with that kind of volume, it would drive in all kinds of speculative buying as everyone and their mother would be asking themselves, somebody knows something, I better get in there and buy some too. Classic FOMO and as you know, buying drives in buying just like selling drives in selling, sometimes for no reason. I would suspect if someone went on a buying spree and accumulated 500-1m shares a day, we would see .25c+ within 2 weeks. 
 
That’s my 2 cents. 
 
Now let’s get these guys involved. 
Comment by Golddigger12 on May 12, 2022 10:44am
Don´t worry FMF, I won´t post all the juicy emails, texts, etc. Im handing those bad boys over to the proper authorties and regulators. Since you choose to stay in the dark, we need to shed some light on you.
Comment by woodwise on May 12, 2022 12:26pm
WOW, the CEO, (Mike Ferreira) is a real f@ck up. He is nothing but a snake oil salesman and a extremely stupid one at that. This guy doesn't have the IQ to be an order taker at McDonalds. 
Comment by Golddigger12 on May 12, 2022 2:02pm
Woodwise, yes it is unfortunate that many were duped by this guy. I think many are just hanging on and praying while FMF is laughing all the way to the bank with our cash. He has no intention of growing XTT. The one thing we can do is spread the word about this con artist. I have many more emails that I can share and will continue but their are some that the lawyers will not allow me to disclose ...more  
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