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Desert Lion Energy Inc - Ordinary Shares DSLEF

Metals & Mining Industrial Metals & Minerals
"Desert Lion Energy Inc is a Canada based mining company. It is engaged in the exploration and evaluation of lithium minerals. The company's lithium projects are located in Namibia."


OTCPK:DSLEF - Post by User

Desert Lion Energy Inc - Ordinary Shares > Buy Out
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Comment by foundrymanon May 07, 2019 9:35am
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Post# 29718848

RE:Buy Out

RE:Buy OutWay better outcome then where we were headed before AIP was able to boot out F&M. Share price was cratering and DLI was on the verge of bankruptcy. Thank Jay Bala, look at what they were able to accomplish in 6 months. If we didn't get that lifeline we'd be trading by special appointment and shares would likely be around a penny or two. JMHO

Alanmakingcents wrote: Lepidico is offering to buy us in share exchange that provides a 39% premium to 20 day average price. Would have liked more but these are not bullish times for resource juniors. Any comments?

Alan


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