Bearing Lithium Corp BLILF

Metals & Mining Industrial Metals & Minerals

Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.

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Bearing Lithium Corp > LPI

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Comment by tiger2201on Feb 01, 2022 8:10am

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Post# 34383555

RE:RE:RE:RE:LPI

Hi neo,

All agree with you.

My main concern is how do we close the valuation gap with LPI? So we will be on an equal footing with them.

tiger

neosceptic wrote: I see your 50K bid, the only one now :)

Easiest thing to merge would be merging into LPI, keep listing on TSX-V, renaming BRZ to LPI.
This way LPI share price would be a benchmark, number of shares increased, cap double, all on pre-trade.
When trading resumed, market will take care of the rest.

Wost case scenario for BRZ is selling shares to LPI, not excanging it. The premium would be too small.

There are two other Maricunga players, but they are not very interesting, SQM won't give a good price. CODELCO - government, too much negotiation power.

For now, let see what Mitsui will tell us. That could be a true game changer.