Tantalex Lithium Resources Corporation C.TTX

Results

[stkinvestor75]

At the end of the day:

Results are not exceptional. Pit K is good as on target with higher target of what was wished for, ie, 1% average and 1.2% peak. G dump is also not bas as samples at 0.8% which is in middle of target of 0.5-1% established.

What we know, we probably won't have 105M tonnes of 0.75% LiO2. We might have 20 to30 M tonnes? who know, we have 25% of samples in only.

Second thing, the pits were not 100% of the possible asset. We have lots of land and potantil still with former AVZ chairman onboard, that means something.

Thirdly, we have tantalum and Tin. I'm no expert but we seem tohave decent concentration.

Finally, the CEO already saw enough to know they will go in production. So all the rest of the potantial will be on top of that.

This is not a short term play for sure.

[Bmobmobmo]

Well said StkInvestor Kozmo, you are a trip, lol. You just don't stop. it doesn't matter what they do you will find fault in it. Say what you will about the grades that "will never be delivered" ! But they were.."Oops!!" This is all that matters.... Eric Allard, President & CEO commented, ‘’ These initial assay results prove that we have a multi resource asset

[KozmoT]

But at no time did I ever say they would never release the results ... Obviously they would have to one day say what happened.  I said they were refusing to disclose them when they got them because they sucked.  And thats exactly how it turned out. Of the 5 waste dumps only one was worth even reporting. The tantalum is a complete write-off based on the grades they disclosed - you show me

[TinTaLi]

They didn't cherry pick and gave all the info. This speaks for the team and management.  you are still out in the cold bud. 75% of assays still due and K dump is 8mio tons. It's the met work that will dictate recoveries no matter the grade and with a 0 strip ratio work it back.

[stocktrader2021]

I see many people claiming that 75% of assay result are to come.... I think we got just 15% assay results.... still 85% to come... let me know if I am reading it incorrectly... here is the wording from report. " The 1,381 assays (includes about 5% QAQC samples) received from the 5 dumps in phase 1 represent only about 15% of the samples collected during the drilling program and have

[stocktrader2021]

Not bad... much more to come. "More importantly, once our process flowsheet is engineered and tested, we can actually begin production in the very near term with an easy to mine surface asset and an exploitation licence already approved. 2022 promises to be a turnaround year for Tantalex as we move closer to production on the tailings asset and commence our exploration drilling on the

[KozmoT]

You are reading it correctly but interpreting it incorrectly.  Not all samples get assayed - most of the dumps assayed turned out to have concentrations too low to bother with (G,H, I, and C). E remains unassayed; K had decent Li grades but too low volume to stand alone - I think somebody here said only 8 million tons and the tantalum was only around 25 - 30 ppm. Oh and they rather comically

[Desertlion]

Wow, here we go. Someone who knows what he is talking about. I see it as a huge RoM pad holding 3 commodities. One of them pays all the bills and the other two is pure profit.  Just a simple calc on the back of a cigarete box and taking into account the commodity prices and a recovery rate of 70% tells me this share is great.