American Lithium Corp AMLI

Primary Symbol: V.LI

Metals & Mining Industrial Metals & Minerals

American Lithium Corp. is a Canada-based company, which is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is focused on development of its strategically located TLC lithium project (TLC) in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium (Falchani) and Macusani uranium (Macusani) development-stage projects in southeastern Peru. Its TLC Lithium Project is located near the regional hub and county seat in the town of Tonopah, Nevada. The Falchani Lithium Project consists of 1,090 square kilometers (km2) of mineral concessions in the Province of Carabaya, Department of Puno, in southeastern Peru. The Macusani Uranium Project is an undeveloped uranium projects in the world containing significant measured, indicated, and inferred uranium resources. Located approximately 25 kilometers away from the Company’s Falchani Lithium Project.

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American Lithium Corp > What happened?

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Comment by Riggo44on Feb 07, 2023 12:32am

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Post# 35270993

RE:What happened?

Don't worry too much about this. These things are gonna happen every once in a. Civil unrest in Peru might be some of it. Company management shuffling shares over the weekend certainly didn't help. Here's an article that should ground things a little and put the long term potential back into perspective.

https://www.mining.com/american-lithium-estimates-almost-600m-in-annual-cash-flow-for-tonopah/

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