I had moved my pension to a LIRA account and bought into Canadian Lithium Corp with most of it.
I guess I will have no pension money for my retirement.... after contributing all my life.
Beware - it is hard to know when your favorite pick may be a complete loser due to very bad management -
I don't know why there are so many shysters in Quebec - it seems they do a lot of scams and take money away from all kinds of vulnerable people.
If you want the details of what happened with this - go to :
https://www.ksvadvisory.com/insolvency-cases/rb-energy-inc-quebec-lithium-inc-qli-metaux-inc-and-sirocco-mining-inc/
Go through all of the Receivership Proceedings - all parts of it.
If you want to talk to someone about this - you can contact:
Adam Zeldin, Associate
T +1 416 932 6016
M +1 416 602 8820
azeldin@ksvadvisory.com I'm not totally clear on the iodine mine - sounds like it got sold for $10,000
Looks like the remaining money was used up with a class action law suit against Canadian Lithium Corp and the management: Peter Secker, Charles Taschereau, Mitchell Lavery, Michell Stone.
I wonder if these terrible managers in their dealing of over-paying for mining equipment deals put some money away somewhere that they can get at it later. (I'm just guessing here - I guess I am just very angry at how quickly this company went down from $2.72 to nothing..)
. the shitty part is that I bought more and more shares as the share price was dropping ( stupid me )
And the moral of the story is: don't trust anyone with your money. even yourself.
This mine is now owned by American Lithium Corp. : https://www.americanlithiumcorp.com/
The share price is .17 today - and no we will not see a millionth of a penny from this company.
Goodbye hard earned money..............