Advantage Lithium Corp AVLIF

Metals & Mining Industrial Metals & Minerals

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein. Its projects include Cauchari; Incahuasi; Guyatayoc; Antofalla; and Clayton.

OTCQX:AVLIF - Post by User

Advantage Lithium Corp > Advantage Lithium - rated at $2.50/ share

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Comment by Not2Siriuson Jun 18, 2018 11:19pm

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Post# 28189598

RE:RE:RE:RE:Advantage Lithium - rated at $2.50/ share

Quarterly reports are meaningless here since there is no revenue. The waves you see on the chart are market appetite for lithium risks. Quite a downturn in most lithium stocks since January, driven by the Morgan Stanley oversupply scare. There also tends to be a run up to life events like the maiden resource estimate and pea, and often the market will sell the news (not always). For Advantage to go up in value, it needs to advance its project quickly. I don’t believe lithium prices need to rise anymore, but holding near current levels for the rest of the summer and fall may be enough to convince the market that Morgan Stanley was wrong. This is one of my preferred juniors, with LAC and NLC. Good luck.

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