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Cypress Development Corp. (CYP.V)

TSXV - TSXV Real Time Price. Currency in CAD
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1.3100-0.0200 (-1.50%)
At close: 03:59PM EDT
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  • I
    Investor
    This company is solid, I bought this stock in 2020 and sold later for a nice profit, however I’m back in as of today, a good 2 year hold and we’ll make a lot of money even in that short period of time, long term solid ownership and plans
  • K
    Katerina
    So, Cypress has to apply for water permit extention every year until mine is operational?
  • M
    Martin
    Here is my summary and interpretation of a recent presentation by management of CYDVF:

    In a large clay-based lithium deposit in southern Nevada, samples very near the surface were taken and sent to a nearby laboratory for processing. Using acid that can be made onsite and combining it with filtration and water and salt, a slurry was created that was treated by a direct lithium extraction method that produced an enriched mixture that was further filtered to produce a liquid with a high concentration of lithium and a relatively high degree of purity. It was further indicated that the lithium in this liquid would be further concentrated and the concentrate converted into one of two lithium compounds suitable for electric vehicles.

    Further work is being undertake to tweak the efficiency of the process and the data obtained are being sent to an engineering firm selected to prepare the final feasibility study - due out probably by the end of this year.

    Adequate funding to secure these ends exists and the prospects for securing the funding to advance the project is enhanced by recent US government encouragements to develop domestic production of materials required for the advancement of electric vehicles.

    While the cost of producing Lithium has risen, the price of the end product, on world markets, has risen
    by almost 10X in the past year. Since the project was fiscally viable a year ago, at current and fully anticipated levels, profit margins may be expected to be substantially enhanced.
  • D
    Don
    CYP has base support in the $1.60 zone ..if this breaks there is void to the $1.40 area. Set an alert. I'm hoping this does NOT happen but the chart is the chart .
  • J
    Josef
    I’m looking on joining in and buying many shares in this.

    Any negatives?
  • J
    Josef
    Water be petition has been DISMISSED! Perfect, I’ll take a dip!
  • D
    Don
    CYP trading in that next S zone $1.40 if this doesn't hold $1.20-$1.25 is next. With the general MKT weakness this is totally possible. Keep yr fingers crossed that price holds in this region
  • 4
    4fred
    SLOW DRIP
    Water is and will continue to be a catastrophic issue in the five western states.
    Last reservoir in California was built in 1979 New Melones with population 23 million.
    Current population around 40 million.
    Just saying🤔
  • D
    Don
    Yes Bob as I suggested a few times this is the pattern with CYP. Now that the brokerage firm is finally onboard they need to keep the good news in investors eyes on a regular basis. This is a good story that must be followed by using the chart. I have been playing CYP technically. Buying the pullbacks and selling the bounces. Until this changes I will continue to do so. Making $$ is my plan not willing to let profits slide just because it is a long term play. You can still play it intelligently and remain in the play for more $$ down the road. There is a support region for CYP in this $1.70 zone. A very weak overall market is not helping many stocks. If $1.70 does not hold then $1.60 is next. The $1.40 could be next. I hope this does NOT happen but in the absence of more good news from CYP it is totally possible.
  • B
    Bob
    Let's go CYP, I'm sure that a lot of big guys have high in this play! Huge resources and the process is showing very good progress. This is gonna be bought by EV companies or Albemarle within the next year I say.
  • M
    Mike
    There is a new interview with Bill:
    https://www.youtube.com/watch?v=9UyTvZ8scHI
    Cypress Development: Advancing Lithium Deposit in Nevada - Next Step Feasibility Study
    www.youtube.com
  • R
    Roy
    Noble Capital Markets just started coverage with an Outperform rating and a price target of CAD $4.00
  • G
    Gene
    Musk says Tesla might have to get into the lithium mining business......and Tesla was investigating CYP over two years ago but nothing materialized...could Tesla interest be reignited???
  • D
    Don
    CYP seems to making higher lows . However that $1.90 R zone is still a selling point for some. This is good news from their March Newsletter. "The major news this month was the announcement of results from the lithium extraction plant in Nevada. Additionally, March featured the beginning of analyst coverage by Alliance Global Partners.

    Mines and Money Online Connect: April 5-7 2022

    Keep it coming CYP long overdue news flow is getting better
  • T
    The Hopper
    Elon Musk Could Pair Up With One Of These Lithium Miners: Cypress Development Or Lithium Americas.

    https://seekingalpha.com/article/4500777-elon-musk-could-pair-up-with-a-lithium-miner-cypress-development-lithium-americas
  • G
    GGeekko
    Halfway to 4.20 !
  • M
    Martin
    To my knowledge this is the first time that a direct lithium extraction methodology has been successfully employed to extract lithium from a clay matrix. This is huge and should be publicized excessively.
  • G
    Gene
    reminder that Tesla was in talks with Cypress as partner about two years ago but nothing materialized. At that time there was no proof that claystone could be converted economically to lithium....the pilot plant results have shed new light and may re-attract Tesla or ALbermarle...