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Bullboard - Stock Discussion Forum 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 Discussion

Dajin Lithium Corp. > Not Here To Burst Any Bubbles... BUT!
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Post by PoorlyManaged00 on Sep 04, 2019 3:55pm

Not Here To Burst Any Bubbles... BUT!

I have been following the company its seems, forever. I don't normally post here. IMO the company has been poorly managed/my handle. LSC deal went sideways. LSC sold all the millions of shares in DJI in a flash sale. LSC did very little work during the JV agreement. 2nd results on 2nd drill program never released. DJI is on the cusp of running out of money. Teels Marsh just sits there doing nothing. From very early on my money became dead cash on a bad trade I made in this one. They scared to drill Teels? Could come up a dud? Who knows. At the end of the day the stock deserves the price it's at. GO GET SOMETHING DONE MANAGEMENT!!!
Comment by R013013C on Sep 04, 2019 8:17pm
Are you suggesting I may lose my deposit on a new Lamborghini?
Comment by SenorBen on Sep 04, 2019 8:38pm
Hello,  Let me preface, I am a neophyte so forgive my ignorance concerning any questions and/or comments I make here. Was the company's end goal to completely develop the properties? What is the company's competitive advantage relative to its compeitition? Does or will the company ever have the economies of scale to produce lithium on its own? Or,  does it need a partner?  ...more  
Comment by KingTut88 on Sep 05, 2019 12:26pm
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 ...more  
Comment by PoorlyManaged00 on Sep 05, 2019 1:55pm
Ahhhh...Funding.  Website Bio: Brian has participated in the raising of over $200 million in investment capital for a number of junior resource and technology companies.  Director and Chief Operating Officer, Dr. Catherine Hickson is a globally recognized geoscience expert with more than 30 years’ experience in science management and integration, green field exploration, international ...more  
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