Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I think it will certainly come good here, just a waiting game.
We have a company with too much demand to meet and new facilities to try to meet that.
This only sounds a good thing to me and will be happy to buy more once some funds are freed up!
I was considering going the other way short term. Ditch this at a loss and add to orcp. But will probably be locked out Monday.
Its all about timing.
I’m over in ORCP too and there has been mention of TRX on there so I expect some money from the big rise the other day and any other expected rises next week to find there way here. I fully intend to add here from anything I make over there.
Bunsen. I read your post. Its always tempting to place everything on one company with expectations of great wealth. How I invest on any stock is half and half again capital investment. Meaning I place a maximum of 25% of my portfolio on any one company. This method allows investing to be fun without having sleepless nights. I see it time and time again when enthusiasm can lead to total loss. I always say to myself the stock could go down. I am extremely enthusiastic about Trx and would love to chuck everything at it, but I personally have too follow the above mentioned strategy to stay sane.
Atb
It's worth googling Janet Lambert and Mike Werner of ARM. I know I keep banging on about these people but ARM is the distribution agent for TRX.
I am a great believer in what heads a company makes a company. These two individuals have the knowledge and contacts to turn TRX into a multi million dollar company
Great stuff Imop.
Once the seller has cleared which must be link and can’t be too far away I have a feeling this will ping north quick......
My short term target Is 2-3p
a 2million trade just popped up,funny how the spread was changed for 1 trade,
woodford having his hedge fund sold off was the main cause,not the business model,bunsen
Surprise. Where are the seller?
So we talk of it being the most undervalued etc etc but we also talk about waiting for the big sellers to clear. Why would big sellers be selling if it’s so undervalued? Thinking of piling everything into this one but don’t want to get stung....
Thanks cminh
Checking in on my phone atm
So all a bit small for my old eyes ;-)
The recent trades sub 1.04 are sells, MMs running a really tight book at the moment, nice 1.7m delayed buy just showed up, this will move very soon and quite quickly, how far depends upon whether it is sold into AGAIN, chartists believe 1.7p is possible, that would be fab.
So much blue but no movement!
Is there potential they could be looking for a placing? The markets like to fleece companies who want to do so...
Just thinking of all the things that could hit us..
Saw this opinion reported yesterday somewhere. I'm in so I must agree it is undervalued but I think while it is possibly the most obviously undervalued as a statement of fact, not necessarily by the biggest amount, just yet.
Hope that makes sense. I do think it could prove to be the actual most undervalued in all respects if the potential is realised. But I'm fairly certain it's clear as day it's worth double the SP right now for a starter. A lot hinges on next years results but I definitely think it's worth being in with a portion of your portfolio, or if you are just having a dabble with a share or two hoping for a fairytale ending. It's not without risk but looks like a good calculated gamble at this entry point to me if you are willing to wait for the sellers to clear and 2020 to unfold. gla