OTCQX:AVLIF - Post by User
Comment by
SpenceW15on Jan 19, 2019 5:42pm
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Post# 29256063
RE:RE:So when are we going to see this stock above $1?
RE:RE:So when are we going to see this stock above $1? I can appreciate the FOMO of missing out on the upward push... much of which was driven by an emotional market reaction to the feds with little basis on market fundamentals. I also bought 15,000 at $0.60. Fed will raise interest rates. Canada not likely.
I agree with your projections as broad as they may be. LSC was acquired this past week This deal represented the last of three junior acquisitions that left investors scratching their heads. My head is very itchy... premium per share to shareholders was $0.66. AAL has a word class asset in a mining friendly district with amenities that are critical to keeping capex and opex competitive. Please reference POSCO/ GALAXY deal to get a feel for what AAL could go for.
If we don't make it to June 2019, possible acquisition targets come will come from one of the following;
India
https://www.miningweekly.com/article/indian-state-owned-firms-mandated-to-acquire-overseas-lithium-and-cobalt-assets-2018-06-22/rep_id:3650
OR Orocobre, LAC, Gangfeng*** Gangfeng is my pick!