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0.1¢ cyclone metals limited

Yeah, I've done a little bit of reading in regards to block 103....

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Bdraidr09

51 Posts.

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08/03/24

16:09

Post #: 72818210
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Originally posted by Beton2: ↑

Cape Lambert had a name change. Tony Sage is the CEO. A wheeler dealer best described as colourful. People have won and more have lost over time.When you put your money in, it is no longer yours. It is not yours until you take it off the table. At present a large shareholder has spat their dummy and has their shares on the market at 0.002. This creates a blockage and the price cannot move up. The market has called their bluff and it appears that they are dropping to 0.001 daily and re-topping the 0.002 slot.

Do your research. Read the releases by the company. Search Block 103 on line. Search other iron ore deposits in the Labrador Trough. Then search the need to green steelmaking. This has potential spelt POTENTIAL.

The money you put is not yours until you take profit and take it off the table.

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Yeah, I've done a little bit of reading in regards to block 103. It's an incredible resource, and it's great to see that the team have made some progress. When, if, they get this into production, the share price will no doubt move. To be honest, the strategy the large shareholder that has spat the dummy has employed doesn't sound crazy to me.

CLE Price at posting: 0.1¢ Sentiment: None Disclosure: Held
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