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Dajin Lithium Corp. V.DJI

Dajin Lithium Corp is a resource exploration company. The company is engaged in the business of acquiring and developing mineral properties. Its projects include the Teels Marsh Lithium project, Alkali Lake Lithium Project, and Salinas Grandes. Geographically, it operates in Canada, Argentina, and the United States.


TSXV:DJI - Post by User

Comment by KingTut88on Sep 05, 2019 12:26pm
81 Views
Post# 30098575

RE:RE:Not Here To Burst Any Bubbles... BUT!

RE:RE:Not Here To Burst Any Bubbles... BUT!Sitting tight at these prices is not a good idea. Every company has a burn rate. Considering Jr exploration companies don't generate revenue its always cash burning. Company can only sit tight when the company is cashed up. DJI isn't. If DJI is in a sale deal with Pluspetrol on the Argentine properties there could be some sit tight cash there. Jr's are mainly invested in for discoveries. The size and value of the discovery dictates the value in comparrison with the amount of shares out-standing and price of the said metal.

DJi is not a new Jr. Understandably there will be some dissapointed shareholders, its a challenging market right now for all battery metal explorers.


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