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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. > MY OWN ASSESMENT ?
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Post by Wangotango67 on Sep 29, 2020 2:13pm

MY OWN ASSESMENT ?

Dajin - needs to perform sediment tests - find state of lithium with no water
          then...test the shallow brines even at few meters subsurface - and look for the lithium
          to see how it responds indifferently in the brines - did it pair and bond with other salts ?

Then - if they can confirm the role lithium plays in th basin and how it interects
          and show the ppm with brines - either piggy backing with another salt

Then.... part with 2,000,000 shares hoping the stock exceeds the $.10/cents
            basing it on - new lithium findings

With... 2,000,000 shares x $.10/cents
           = $200,000 k
           more than enough to perform 10 percussion holes - properly
           use small portion of shares initially - if successful - won't need much stock
           thereafter with SP at a higher price
           aim for 100, 200, 300 ppm ( hope for )
           if lithium was ever unlocked above and few meters - below grade
           then... chances are - same could occur @ 60m depths
           if this was proved @ 60m - depths with sufficient lithium and other credits
           they'd turen heads...place initial and 60m brines in - acids - wink.
      

Then, if successful... bring in the big drilling - dril llarge diameter holes = pump flow tests
i wouldn't use more than 6'inch diameter
Keeping in mind how many holes Albermarle has used over the years...
Mosat likely having to reposition ovder the horizons to maintain optimal brine flows.
6 inch is can still pump lots of brines - but not so big at to drain the pocket books.
Knowing in the latter - more holes might be needed to stay on the brines...

This is the format i would choose.
If...they can't prove how to unlock the lithium and undersatand how the lithium reacts with other
salts in basin - and link wirh a quality lab... then, the stock won't do much.


Cheers...
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