Post by
HopeIBoughtLow on Dec 12, 2023 3:58pm
One Press Release...
It would not make the market turn around.
It would make those who are walking away from CRE turn around.
If you need the money for groceries or Christmas present then the stress is undoubtedly unbearable.
If you do, you shouldn't be here.
If you are willing to be standing alongside CRE rather than looking back and chasing it when news happens and market sentiment returns, then you will be be fine in my opinion.
We have a very high quality resource.
High purity. What are we hearing out of OEMs.... they are getting garbage purity or unusable LI delivered. That puts us in a good light comparatively and for the future.
I firmly believe there have been and still are discussions still happening and a deal is getting ever closer. Lawyers, accountants, CFOs, CEOs, experts all around... scrutinizing. It takes a ridiculous amount of time to do anything with two parties, let alone 3 or 4. That is when the market is stable and LORD knows we are not in a stable place right now. Calculation and recalculations and assumptions are being scrapped and reworked.
Once the naysayers are put to rest and we learn what the deal is about, we can put our foot on that step of the ladder and climb from there.
Until then, we are getting sucked into a vortex of self-feeding negativity. And if you are not able to get negative enough on your own, there are more than enough folks here willing to bring you further down.
One thing I always think of when times like this happen.
Sure 500K or 1M shares have sold and the world seems to be crapping on my stock.
But someone else is buying up 500K or 1M shares of my stock thinking the opposite is going ot happen. They cannot ALL be flipping for pennies.
Today I need to hang on to that mindset.
This too shall pass.
HIBL
Comment by
m73hx454 on Dec 12, 2023 6:03pm
Lawyers, accountants, CFOs, CEOs, experts all around... successfully closing deals for Galan or Argentina Lithium. Ups.
Comment by
m73hx454 on Dec 12, 2023 6:05pm
What I would like to see is management buying shares massively at these levels. That would increase my trust. And don't even try to tell it would not be possible.
Comment by
Wheeler on Dec 12, 2023 6:18pm
Management can't buy, or sell, they have knowledge of whatever offers are on the table and the public does not. It's illegal.
Comment by
monkeyhere171 on Dec 12, 2023 6:47pm
Wheeler, since 2017 (when I first bought in...at $1.7) this management was in a blackout if I recall... always in some form of negotiations or expecting one. Now almost 7 years, don't you find it a bit odd? Never bought any shares, only the free one they got and in 2021 if I recall they did sell $3M worth of options. And I thought that the HELM deal was the beginning of something great :)
Comment by
Oneanddone on Dec 12, 2023 8:19pm
Management has gone AWOL,and the stock is dropping faster than the Raptor's chance of making the playoffs. They've never properly explained why they didn't secure financing after numerous (take it the bank )promises. And here we are discussing whether they can purchase shares. They must be laughing their damn heads off...wherever they are. Aloha.