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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 TSXVTrader1on Dec 04, 2019 2:37pm
120 Views
Post# 30421963

RE:RE:Shareholder-letters = smoke & mirrors

RE:RE:Shareholder-letters = smoke & mirrorsThe reality is, Dajin doesn't have any lithium. Never did. They have exploration targets. Targets they've done nothing with in terms of defining a resource. The stock is so diluted nobody in their right mind would fund the company in it's current structure or management. Teels is a good prospect. The CEO, from where I'm standing, was counting on LSC to create value in the ground. They didn't. DJI didn't watch over the 2nd drill program in Argentina LSC couldn't/didn't deliver results. Who knows why?

Now DJI is sitting out here on a pathetic stock price. No value in the ground. The company has been managed like amatures. Waiting for another company to do all the heavy lifting well the other company sits back doing nothing is a formula for failure. DJI has 600k to keep salaries payed and lights on, nothing more. Flickering in the wind....soon POOF! Gone.


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