Bullboard - Stock Discussion Forum Advantage Lithium Corp AVLIF

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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... see more

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Advantage Lithium Corp > Question

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Post by gullible1 on Nov 15, 2017 12:53pm

Question

Somebody on another board said the lithium sector is being hammered but this stock more than others because of poor drilling results. I thought they had good drilling results. Can somebody add more colour?
In terms of where the stock is going in the short term...when the company releases news AND there's a seeking alpha article out that day praising this stock and the stock still gets hammered, you can't expect today to be a good day. If such great catalysts and promotion still send the stock price reeling, then it's not a good sign.

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Comment by MntGoatMatt on Nov 15, 2017 1:17pm

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Comment by Just2017 on Nov 15, 2017 2:49pm

I wonder if this is due to drop in LAC...

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Comment by Bowerpower on Nov 15, 2017 3:20pm

this might answer your question. It's from the NGZ board Although all raw materials are down, it could be that the press release from Deutsche Bank also has something to do with it. Their analysist was on the recent trip to the Lithium Triangle and predicts price pressure in 2019 because new capacity will come online. Also he changed the buy recommendation from Albemarle to hold. People wo ...more

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Advantage Lithium Corp