Century Lithium Corp V.LCE

Couloir Capital has repeated a 'Buy'

[beaker2]

Couloir Capital has repeated a 'Buy' on Cypress Development Corp (TSX-V:CYP, OTCQB:CYDVF) after the lithium-focused group successfully set up its pilot testing plant for its Clayton Valley project in Nevada and struck a purchase agreement for local water rights.

Couloir also lifted its fair value per share estimate on the resource firm to C$4.04 each, from C$3.31 previously. Shares in Cypress Development are currently changing hands at C$1.84 each.

[kh231]

and we will soon see that $4.04 target is extremely conservative. Many of us are expecting at least DOUBLE that value. Just look at Epstein's latest analysis from back on Oct 13 when CYP closed at $1.71: He calculates it was trading at an 82% discount to its peers. That puts CYP share value at just over $20.00!!

[kh231]

https://epsteinresearch.com/2021/10/13/is-cypress-development-corp-the-cheapest-lithium-junior-on-the-planet/

[Spoolin135]

Explain your math please because I got 3.10/3.20 for 82%. How did you get to 20$?

[GGDawg]

Hahaha, I was thinking exactly the same. The math doesn't add up. I get around 9$. 1.71$/ (1 - 0.82) = 9.50$ Checking it: 1.71/9.50= 0.18 Which is 82% discount of 9.50$.

[kh231]

$9.50 might have been the calculation from mid-August, but from now: $20+ !!!

[GGDawg]

Kh231 mark my words, If this reaches 20$ I'll give you 5% of my profits with pleasure!

[KelloggWalker]

we need to get off the vulture exchange,and onto a bigger board,it will be played like a fiddle on these two tiny exchanges.