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Bullboard - Stock Discussion Forum Rover Critical Minerals Corp. V.ROVR

Alternate Symbol(s):  ROVMF

Rover Critical Minerals Corp. is a Canada-based junior mining company specializing in United States and Canadian critical minerals. The Company focuses on advancing exploration at its Let’s Go Lithium (LGL) Project, located near Pahrump, NV. Lithium at the LGL Project is hosted in lakebed claystones within the Amargosa Valley of southwest Nevada. The LGL Project is district-scale in size with... see more

TSXV:ROVR - Post Discussion

Rover Critical Minerals Corp. > Terrible for shareholders
View:
Post by fordster on Oct 21, 2022 8:51am

Terrible for shareholders

So our shares will go up to a 12 cents and will promptly be shorted down to 2 cents again. Look at the OTC short report....we're 100% shorted day after day. Rover is simply making it easier for them to reduce us further.
Comment by geolith on Oct 21, 2022 9:02am
Actually, this is brilliant. If the consolidated at a more aggressive level, the shorts would get pretty nervous. With 150 million shares out, it's an easy target. With 1.5 million out the large shareholders could really sweat the shorts out. Very good Rover.
Comment by fordster on Oct 21, 2022 10:21am
Nice to hear another opinion...I hope your right. I got screwed on one of these...but SP wasn't 2 cents. thanks Geolith
Comment by marketphoenix on Oct 21, 2022 12:36pm
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Comment by marketphoenix on Oct 21, 2022 12:38pm
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Comment by 88guy88 on Oct 21, 2022 12:44pm
Hey fordster!....I see you are still holding on to  your shares....I got in and out even except for my trade commisions....I could see that they likely were going to go the consolidation route.....so it will go from 2 cents to 12 cents.....consolidations usually end up going down at bit so hopefully not too much for your sake. What really made my mind up to get out was the Cabin Lake fiasco. ...more  
Comment by geolith on Oct 21, 2022 5:19pm
Consolidations in a vacuum can be trouble.  Consolidation with a financing, an acquisition, a change in direction....any of that can be good. And I agree.  What we have is credibility and trust issues.  There may have been a screw up by not informing the shareholders what their plan was.  I hope they learn from this.
Comment by 88guy88 on Oct 22, 2022 3:05pm
Credibility and trust in managment is everything and this team right now has ZERO....and saying oops sorry we should have communicated better is useless....it seems to be in vogue now....saying sorry I apologize....you could hit someone over the head with a wrench and as long as you apologize and say "I sincerely whole heartedly apologize for hitting you over the head"....all is ...more  
Comment by fordster on Oct 23, 2022 12:27pm
I've said it before....I bought because of the team...yes they didn't inform us of conditions and assays... but I trust this team: trust yields hope. I'm behind their moves....a little worried about the roll back but at least we're no longer 1-2 cents. I could never unload all my shares on the OTC (no that's not my reason for staying) but I hoping they land this new clay ...more  
Comment by 88guy88 on Oct 24, 2022 12:23am
Good Luck fordster!....I am done with the metals...I am into some of the beaten up gaming stocks...demographis are great and basically recession proof and a lot of them are cheap...advertising revenue might be a short term challenge but the stocks wound up so tight like a spring that when they move they will "rockit"...sorry for the pun..... The markets are stupid beaten up....makes for ...more  
Comment by fordster on Oct 24, 2022 9:00am
Judson and I did agree on one thing...that the theoretical "release of assay info" would not have help our SP. But admittedly, investors would use that information to validate their position MHO. It would be nice for them to just clarify the official status of the assays. I think the guessing from everyone hurts them.
Comment by geolith on Oct 24, 2022 12:19pm
Unfortunately, good or bad doesn't enter the equation on requirements to release news.  It is a regulatory requirement.  It makes any placement or trades by insiders suspect.  And credibility of management comes into question.  I don't doubt that they want to do what they can for the benefit of the shareholders.
Comment by fordster on Oct 24, 2022 5:40pm
I don't have any doubts either...but a simple explanation might make some folks better.
Comment by NWTGOLD on Oct 26, 2022 2:02pm
In my opinion this connotates or implies that the assay results were "GOOD or O.K. . So let the market decide what the results signify and  where the share price eventually ends up!!
Comment by NWTGOLD on Nov 04, 2022 1:31pm
Well FORDSTER and his buddy JUDSON, together felt that releasing assay results would not help the SP!!!  They did not want to seee in effect exacatly what did transpire, the SP price collapse to a measly penny and then the inevitable roll back. Provide us with the numbers and let the market decide, not FORDSTER and JUDSON. Shareholders should  be provided with all news that affects the ...more  
Comment by BendMeOverDaryl on Oct 27, 2022 10:14pm
This post has been removed in accordance with Community Policy
Comment by logisticsguy on Oct 28, 2022 2:05am
Good thing that Momentum PR has been spamming this for over a year I bet someone got out at 5 cents when the promoted this
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