Well, a lot of analysts are getting on board.
Report out yesterday from Live... Mark...
"Sayona Mining is a lithium producer with projects in Quebec, Canada and the Pilbara in Australia. Like the other lithium hopefuls on the list, it probably hasn't helped that lithium carbonate prices have fallen around 80% since the beginning of the year.
While the idiom suggests that there are many reasons to sell stock (and only one reason to buy), it seems that the CFO of Sayona Mining selling $1.68 million of stock in July was enough to scare the bejesus out of investors - who couldn't care less for the reason - sending the lithium producers SP more than 70% south since then.
That said, analysts seem to think the stock is a "buy", with six of the seven major brokers who cover the stock rating it as so."
Sayona will respond and don't think that nothing is going on at management level, I would be thinking many aspects of the company have been and are being reviewed and the whole character & personality of Sayona is under the microscope.
Hang tough time.
My opinion only.
GLAH
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