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$CRML Critical Metals Corp
Post-market loved the Greenland News (⬆️ 25%)
📰 The new US-Denmark-Greenland security deal bars China and Russia from bases there and restricts adversary investment
— and
$CRML's Tanbreez rare earth project sits right in Greenland.
💰 With Trump's $3B critical minerals push targeting China-driven bottlenecks, domestic supply that avoids 🇨🇳 is the prize. 🇺🇸
📰 The original European Lithium deal set a fixed number of CRML shares to be issued for that acquisition, no matter what CRML's stock price did
⦿ The new terms form a "sliding scale"
- # of shares issued now moves with their stock price with a floor and ceiling built in ($8 and $16)
⭐️ They are motivated to move the price up so they can issue LESS shares for the acquisition
- In plain terms: if CRML's stock is low, the deal caps how many extra shares get printed; if it's high, it also caps the giveaway going the other direction.
We are seeing a breakout from the DESCENDING CHANNEL but do NOT chase. It is currently near resistance.
Support 🚨 = $7.08
Targets 🎯 are listed on the chart.