Post by
CanadianBaccon on Feb 03, 2023 2:03pm
Recent price rise?
Hello all! New to investing in general, but I've been following this company for a few years and they seem to have incredible potential. Can anyone explain to me the reasons behind the recent price increases? Is it entirely related to the name change, or are there other factors at play? I don't want to clog up this board with investing 101 advice, just curious if anyone can give me a plain language explanation. Thanks in advance!
Comment by
tiger2201 on Feb 04, 2023 4:34pm
JMO. LCE is the most advanced clay developer in NV, after LAC & Ioneer, & it's in the DFS. Comparing it with others, it's way under valued. The recent rebounce is more reflected with it's value, rather than name change. Certainly, the name change changes market sentment and should have been done 1 year ago, rather than dragging it. tiger
Comment by
CALISUN on Feb 06, 2023 10:03am
Your analysis makes some very valued points. I just hope that our SP rises before anyone offers to buy us at this "unrealistic" cheap valuation. It would be an "absolute steal" (even with a 100% premium to todays price).