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Millennial Lithium Corp MLNLF

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.


OTCPK:MLNLF - Post by User

Comment by tiger2201on Feb 19, 2021 9:14am
179 Views
Post# 32607879

RE:Why is price falling?

RE:Why is price falling?Hi aokay,

It's depending your investment time frame.  If you believe EV revolution, then there will be lithium shortage on its way.  Long term it is a buying oppurtunity at current price, as you said the new offer was at Can$4.00.

The reason for its low SP, JMO, it was caused by inside selling.  It seems the management has NO confidence in their business, then translate NO confidence from investors.

tiger



aokay wrote: Hi everyone, am new to this board, researching this company, thinking of taking a position.  Any thoughts as to why stock price has drifted from $5 range to $3.50? Recent financing was higher than current price. Would value any thoughts,on short term and long term potential here. Thanks!
Aokay


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