Post by
johnu48 on Apr 14, 2021 5:46pm
SP Manipulation
Today it traded, for the most part, between 1.15 and 1.17 then at the close we see 1.12. Something with this smells to high heaven. Spoke to mgmt member today who agreed that Pi has done nothing for the SP and he did expect they would do much a 10 or so hedge funds were involved in the PP. He didn't expect much if any news until late August of September. So much for them being engaged in moving the SP up. I understand that the Lithium properties in and around Clayton Valley are presently taking a bit of a beating but Cypress SP is still way it's peers and seems to be going nowhere. Bill's comments of "being happy where the SP is" is ringing true with devastating effort on the long suffering shareholders. Another year down the drain with the false promises from mgmt. Remember when DM stated that once the PP closed there would be a number of news releases that would change the face of CYP as we know it. Well where are those NR's. Another carrot and stick routine from him. They seem to be content with fiddling while the SP goes nowhere. Shades of Bayfield and the other failed ventures associated with them. Looks ominously similar, pump the price up then let it tank.
Comment by
Hopeful123 on Apr 14, 2021 7:48pm
Them hiring Coulior is not great as Couilor is a bit concerned about the risk involved..This is what I heard from someone..I hope they are wrong. Does DM own millions of shares or is he just fibbing..I somehow have a feeling that Couilor will not be able to move this past 2 bucks..They need a better promoter..I also think that this time around we will see a lot of selling at 1.50.
Comment by
jamstk on Apr 14, 2021 10:51pm
What is the risk for coulier?
Comment by
LithiumOne on Apr 15, 2021 7:42am
I believe DM was holding over 2 million shares plus he has options and warrants so most likely closer to 3 million. I'm sure you can check reports if it really bothers you. that's one of the reassuring things, is that insiders are not selling.
Comment by
Number1Lithium on Apr 15, 2021 9:10am
LithiumOne I agree that insiders are not selling and some were even able to also buy a few of the PI placement . showing some of us.. of their continued confidence in this world class project.. Lots of news forthcoming in due time .