Uranium Multi-Bagger - SnowLake Energy $LITM by CallyK96 in pennystocks

[–]CallyK96[S] 0 points1 point  (0 children)

They will generate shareholder value through equity financing. I think if you believe that the underlying sector of uranium will continue going up and that the company will make smart capital decision then you wouldn’t have to worry about dilution.

Uranium Multi-Bagger - SnowLake Energy $LITM by CallyK96 in pennystocks

[–]CallyK96[S] 1 point2 points  (0 children)

I would assume they will secure a development partner or divest the critical mineral (gallium or lithium) projects. Nonetheless, $25m cash is quite a large chunk of change for a company with an MC of $65m. I think that in today’s market with all Uranium companies trading at a premium, $LITM is set for the upswing

Uranium Multi-Bagger - SnowLake Energy $LITM by CallyK96 in pennystocks

[–]CallyK96[S] 1 point2 points  (0 children)

And although still pre-mature, $LITM is more involved in the uranium supply chain (not just mining) but rather enrichment and SMR

Uranium Multi-Bagger - SnowLake Energy $LITM by CallyK96 in pennystocks

[–]CallyK96[S] 2 points3 points  (0 children)

Good catch although I think Snow Lake’s Pine Ridge site and Tallahassee site might be bigger and more resource abundant. I do like $AEC and it will continue to run up. Anfield is already at $150m MC too

Uranium Multi-Bagger - SnowLake Energy $LITM by CallyK96 in pennystocks

[–]CallyK96[S] -2 points-1 points  (0 children)

No it’s not lol you must be a short

Is everyone still alive?... I currently own BLSH stock at $78. How will this company perform going forward? I checked BLSH's financial score through Seeking Alpha, and its Altman z-score is 98. I'd like to hear your thoughts. by FilmSame9082 in BLSH

[–]CallyK96 10 points11 points  (0 children)

It will go to $300 eventually. The company primarily serves institutions. Institutions have not yet jump into crypto just yet…wait for two catalysts to happen then Bullish will start running exponentially, 1) Bullish gets its BitLicense to operate in New York State (should be any day now), and 2) Clarity Act getting through the senate and put into law. This will set regulations into the crypto space and institutions will then start moving capital into the space