Post by
BuyandGold on Oct 11, 2021 4:10pm
Surge on Frankfurt exchange
Anyone noticed the surge today on the Frankfurt stock market? Share price rose intraday to 0,08 euro (>50%). Canadian markets closed and no company news.
Comment by
GarryJan1 on Oct 11, 2021 5:07pm
Also was up 37 % at one point on the US OTC. Perhaps because of Ganfeng raising lithium by $15000 dollars a ton. Also Neo lithium our close neighbor in Argentina was snatched up last week at over $6 a share. https://www.nasdaq.com/articles/chinas-ganfeng-raises-lithium-metal-prices-amid-power-crunch-2021-10-11
Comment by
BuyandGold on Oct 12, 2021 3:18pm
Thanks. I see Neo lithium is bought by Zijin Mining, which probably increases speculation of interest in Portofino. https://www.marketwatch.com/story/zijin-mining-shares-jump-on-plans-to-acquire-canada-s-neo-lithium-271633925149