Post by
up2005 on Aug 01, 2022 3:41pm
SP cut in half since March, and not showing support.
The company has turned into a real sleeper. Just a steady DECLINE to $ 0.17 since March. Which correlated with the lack of News from the company. Sure a few email blasts from IR using 3rd party articles supporting the need for North American sourced REE. Well that's not news worthy and will not affect the sp. As we await the drilling results and an updated PEA that news should move us much higher. Our Market Cap of $ 31.53 million for a project professed to be worth hundreds of millions of dollars does not register with deep pocket long-term Value investors. The elevator pitch was compelling, but it is no longer attracting new buyers. Once again we add 3-4 more months to the "turn-around" time table.