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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

Century Lithium Corp > Will come back closer to the $1.25 PP offering
View:
Post by goldanalyst on Feb 09, 2021 11:36am

Will come back closer to the $1.25 PP offering

Dead money until that closes~

"Closing of the Offering is expected to take place on or about March 3, 2021"
Comment by LithiumFuture on Feb 09, 2021 11:43am
Don't agree at all. This Bought Deal by PI is our first institution and things are well underway IMHO. PI will support the SP. Now trading at $1.65 (+9.3%).  This is just the start.
Comment by goldanalyst on Feb 09, 2021 11:49am
Don't care if you agree....PP partakers mostly sell commons to take down the PP in this case @$1.25....then we will sell the PP shares when free trading and keep the warrants...standard practice~ Give it a week and we will see~
Comment by LithiumOne on Feb 09, 2021 12:16pm
 Normally I would agree with your take on what is going to happen and that the shares price will drop.  But I don't think this will drop below $1.50 as the majority of the 17 million is all new investors. This PP is over subscribed.  I doubt there were many current share holders than used PI brokerage so good luck getting into the placement.  I think it is upwards from here ...more  
Comment by desertbarnacle on Feb 09, 2021 12:37pm
Yes, apprently, and not surprizingly, there is a big appatite for the shares with their managed accounts, likely already sold, done with.   Bob
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