I am a long-term holder and enthusiast of CLQ, though I have not been active posting on CLQ for about six weeks.
The Ionic Industries and water potential of the company are tremendous, but the market reaction to the cobalt/nickel/scandium potential is so underwhelming it is hard to rationalize the investment on something even longer therm like water.
However I personally consider the long-term water potential like an insurance policy that is likely to pay off even if the short-term mining reaction is disappointing. It is, in my opinion just a matter of patience.
Basically I am a strong believer in the technology, Robert Friedland, the management, and the company.
Naturally I am somewhat shocked at the price reaction in the least two months, but honestly until I see something disturbing in the fundamental prospects of the company, I am not interested in selling.
At current prices I would consider adding to my position rather than selling, although I may do nothing at all.
I am also a holder of Ionic Industries and the decision of CLQ to go forward is obviously gratifying, and on schedule as far the the guidance available.
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