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05/07/18
15:01
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Originally posted by rdncoic
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As always, penny stocks rise and fall with investor sentiment and positive adjusted news flow. Cervantes is no different than it's 7% share owner EUR except for one major difference. PNE/DLC/EUR was unable to develop the business plan and investor sentiment for producing gold in the Paynes Find mineral rights area and so sold their PFG rights to CVS in order to concentrate on Lithium Production.
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European Lithium (ASX:EUR) has also been sold down in 2018, with its share price slipping over 17 per cent to 21.5c. This compares to a gain of 378 per cent over the past year.
https://unauthorised investment adv...-going-down-while-battery-demand-is-going-up/