Post by
tinker901 on Mar 23, 2022 2:02pm
Frontier Lithium
Last November we hit a high of 1.98 while Frontier was at 1.44.
Since then, their (Frontier) only meaningfull NR's were 2 private placements of 10 and 12 million.
But here is the thing. It looks like they gave out less candy (warrants). Only their broker got some and not everyone at large.
Then on the CRE side we gave out 14 million warrants on our last PP. With the result that we all know. Investors cashed in the shares and kept the FREE warrants sending our SP downhill.
So now FL has gone from 1.44 to 3.09 and CRE has gone from 1.98 to 1.35.
FL has no FS, no permits and a smaller reserve of lithium.
So what am I missing here ?
The answer is that investoprs are not in to see a mine. They could not care less. But our management who have our "best interest" in mind have a different end result in mind. They want to build a mine.
It might turn out to pay off once the mine gets going (if it does) but in the meantime we are the turtle here and are watching the rabbits rush passed us.
So that was my rant #2 for today.
Sorry guys, it is just one of those days.
Comment by
randy6904 on Mar 23, 2022 2:39pm
Thanks for sharing tinker901, I understand your frustrations and I find your post/rant very appropriate and even very polite. I remember meeting you and other share older 110261(maybe wrong numbers) I think, in Montreal a few years back at the end of the annual meeting I attended. We were talking about $2 share price then. randy6904
Comment by
110158 on Mar 23, 2022 3:04pm
Hi Randy it's 110158...lol lol....never the less, since then CRE as disappointed nearly everyone. And 1.35 could be a high for a while if no news......1.15 again and $ mark even if this doesn't give me friends saying that. Just think a summer without COMEX news.....just think a bit what will happen.....