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Bullboard - Stock Discussion Forum Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its... see more

TSXV:LCE - Post Discussion

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Post by nopoo on Jan 21, 2021 3:51pm

Sold

I've never bought a stock where the insiders are selling tens of thousands of shares a day. Don't care what reason they give, has never worked for retail when it happens.

Having said that I have sold a considerable number of my shares in CYP. Shares I bought years ago at .11 and .13 are gone, for a sweet 16x. The rest of my shares are all in a TFSA and are up just over 700%. Won't be hanging on to them much longer, not saying CYP wont go up more, i fully expect it will.

But to me the math does not work, after all, to double my money from here requires CYP to go to $4.00, certainly doable, likely imo, perhaps even another 50% to $6. But 2.5 timers do not interest me. Both GPH and FVL are assets with way more potential upside, then CYP given where they can be currently bought. 

ttfn
nopoo
Comment by yakattack on Jan 21, 2021 4:25pm
If you didn't sell though, it wouldn't be a 4x-5x from here.... that 16x would grow a lot more.  Lots of upside here still. But 16x is 16x. See you at $7+ :)
Comment by got2win on Jan 21, 2021 7:25pm
I checked Canadian Insider, last action I can see was on October 5th by Don Huston. Nothing recent unless this web site is not up to date.
Comment by GoalLine18 on Jan 21, 2021 7:47pm
That is reassuring - thanks for sharing that.  Nice to hear no insiders sold during the slide early this month. 
Comment by yakattack on Jan 21, 2021 7:49pm
Back in Oct - you're referring to exercising of warrants.... that was not day after day unloading of common shares on market.
Comment by Mypigbenis42 on Jan 22, 2021 8:21am
I have GPH & FVL as well. However, I sold most of my FVL and bought ABML, which I'm glad I did because it's doing way better than both GPH & FVL  combined - look at ABML - look @ their #'s along with the volume. Not a pump, just reality. Cannot go wrong with CYP & ABML - good luck, the fun & games this year is just beginning, now let's make some money!
Comment by got2win on Feb 08, 2021 11:52am
Nopoo inferred on Jan 21st insiders were selling tens of thousands of shares,, as a result he sold a considerable number of shares. The fact is insiders have sold NO shares, I checked Canadian Insider this morning and there are no transactions since Oct. 5th, an excersise of warrants. Canadian Insider does of a short delay in updating their site. But I think 18 days is more than enough time for ...more  
Comment by yakattack on Feb 08, 2021 11:55am
I think he was referring to Noram. Regardless, here are insider transactions: https://prnt.sc/yqeo1o
Comment by got2win on Feb 08, 2021 12:00pm
well go back and look at his post on Jan. 21st. I think he referring to cyp. anyways no insiders selling is my main point here.
Comment by got2win on Feb 08, 2021 12:03pm
even when the share price was north of $2 bucks insiders didnt sell. So, I gather they have attributed a greater value coming in the not to distant future.
Comment by yakattack on Feb 08, 2021 12:33pm
Yes. Easily 4-5x from these levels - to get in line with other peers. That's just to GET IN LINE WITH PEERS.... not post-developments after that.
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