Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hope people didn't listen to the incessant ramping for the past 3 months and are stuck in this now with massive losses. It is fine for us that have been here for years but I feel sorry for anyone that believed the "institutions" are loading up due to the "massive market manipulation" curtesy of the MM's. The market has been telling us for months that there is something else being priced in. It is obviously not all rosy in the garden. As soon as we broke 20p this was inevitable and now I don't even want to think about where we are going next. Not a deramp or whatever bull people roar about, but simple eye use is all I need.
I must say, the performance of the new CEO is a disaster. Every time we have heard from him it has resulted in about 50 million being wiped off the value of the company.
Doesn't matter what we have under the ground now, it is going to tale a hell of a long time to realize it, which again is fine for people that are in for years, but not for someone that is 30-50% under water.
The institutional buyers/manipulation bull**** has hit an all time high here today. We have broken 20p and now we are in trouble as there will be a lot of stop losses taken out.
The market knows something that we don't know. I don't want to hear the usual rubbish of "sell and move on" if you don't blindly follow.
If this does not turn around fast, it doesn't matter what we have, the SP will fall and any take out price will be hammered, and future (and I say future) fundraises for other projects will be more dilutive to us.
I know sorry. Cheltenham was a welcome distraction for me last week.
As I have always said, I have a very small investment at .87p. If you look back that was fully de-risked when it bagged.
I fully appreciate what you are saying in terms of timelines and that has not been my problem, but it will be if we break 20p. My problem has always been the roaring about "institutions loading up" - not happening, "the manipulation here is crazy with the massive volume of buys" - obviously now not correct. All I started asking was why the market is disagreeing with the incessant ramping to which I was slaughtered for doing.
Anyways, best of luck all. See you on Friday (this was last week's quota being used ;) )
Another week, another drop. But remember guys, we can't ask why or demand answers. We need to put out head in the sand and wish for it to almost double to get to where we were 3 months ago, this will of course happen when all the big institutions that have been buying millions of made up shares over the last few months have had their fill (lol....remember when I questioned that and I was called a deramper......). I hope this does not break 20, or we might see a lot of stop losses taken out. Someone needs to pull the finger out, because there is now nothing positive about this.
I don't have a theory. I am saying the conspiracy theories are untrue. My theory is there is demand on one side and supply on the other. And one is outstripping the other. that is why we are down. It is not because of manipulation or massive global institutions loading up. The only proof we need is where the SP is and the holdings of the company. I don't want any smartarse throwing up some screenshot of Bloomberg a few months ago. Most of those are EFT's/trackers and holding accounts for brokers that have PI's money. When someone comes in and starts to buy 10% I will listen, other then that it is all blowholing. Right my imposed weekly moratorium is back.
I'll see you all next Friday when we are 50p. Burying my head in the sand and following on blindly.
Good luck all.
Don't be like that. I am now joining everyone else in closing my eyes, ignoring that we are 40% off our highs and not questioning it anymore. Just throwing the usual conspiracy theories that's all. It must be great living in a world full of positivity bias. I just can't do it, because 9 times out of 10 the market is right. And all I have been saying is the market is telling us something, and it is not just manipulation for institutional buyers, that I may ad, are NOT buying large chucks like we have been told they are since January, that's all.
You can agree or disagree, but the simple fact is we are 40% off the highs, and I was getting annoying at seeing the same rubbish daily about manipulation and institutional buyers hovering up the shares....that's not the case.
We are not rising because those pesky Market Makers are manipulating so the massive global institutions that are fighting over buying all of the shares on issue can, at low prices. Sure what other explanation could there be? We all know that as soon as this is over we are going to rip higher....because how dare someone question. we didn't reach my prediction of 35p by today so let's make up for it with a 50p prediction by next Friday. Happy weekend.
Ah play nice. I like everyone until I meet them. See you all next Friday when we will be 35p and the institutions will own all of our shares. Gold will be 2500 dollars an ounce and we will have another Tier 1 mine that we 100% own. Whoop whoop.
LOL I have gotten my Friday fun out of this again. Bring on those institutions that are buying it all. Bloody market makers that are manipulating the price. Gold is falling so we are falling too. Market is rising that's why gold miners etc are falling. Markets are falling so obviously we fall with it. Blowholing blowholing. We will move higher, but there is a reason we have to almost double to get to where we were 3 months ago. Hopefully we can be done with the same rubbish day in day out. Mine sub 1p are fine, but I just want to know with the incessant ramping for the past 2 months why we are not double where we are today. No answers today it seems. Everyone had all the answers a few weeks ago when I was asking and being fobbed off again. Anyways, I won't ask questions again for another two weeks and blindly follow the ramping brigade's daily rubbish. Have a nice weekend all.
PS - Gold and Silver are looking cheap here.
At what we have been reading here over the last two weeks (because of my embargo, how dare I question how a company I own is doing) I would have expected to see us ripping through our all time highs. Instead I see us still moving lower. I ask why? What is the excuse this time?
In here at the close yesterday along with Unilever. Looks like value here.
In here at the close yesterday. Started to look like value here.
Our Leaders, Our Guardians of the Bulletin Boards, our Rampaging Bulls. Can someone explain to me when we are at fresh cycle lows. I need to be edumacated. Is it because the phantom magical institutions are buying billions of shares in 1 massive 2 month order? Is it because the MM's are manipulating the SP lower, because that's why? Is it because Gold and Copper are higher? Is it because the Stock Market is falling (because when it is higher that is normally an excuse too)? Is it because some other stock is going higher? Is it because the Ewoks are after zapping the gold away with some magical alien technology? I just want to know so I can be incessantly bullish without questioning anything following a close on 50% drop.
Our Leaders, Our Guardians of the Bulletin Boards, our Rampaging Bulls. Can someone explain to me when we are at fresh cycle lows. I need to be edumacated. Is it because the phantom magical institutions are buying billions of shares in 1 massive 2 month order? Is it because the MM's are manipulating the SP lower, because that's why? Is it because Gold and Copper are higher? Is it because the Stock Market is falling (because when it is higher that is normally an excuse too)? Is it because some other stock is going higher? Is it because the Ewoks are after zapping the gold away with some magical alien technology? I just want to know so I can be incessantly bullish without questioning anything following a close on 50% drop.
So for my weekly allowed post..
Any of the Boards Positivity Only Police care to explain why we are pretty much all the way back to where we started the week following All the Good News and Insitutional Buyers?
I appreciate I am not meant to question this, otherwise I am trying to drive down the price, so I am merely making an observation and would like some clarity.
thanks all.