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E3 Lithium Ltd. V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.0 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Comment by GUY2012on Nov 03, 2023 10:53am
77 Views
Post# 35715752

RE:RE:RE:Looks like

RE:RE:RE:Looks like My Guess = Most shareholders have bought in at higher prices during the "big run up" and are now bagholders....hence the lack of selling coupled with little interest to buy given the stagnent state of the stock price (even with positive NR's). A lot of uneasy nerves out there, especially when the share price has retracted so violently from the most recent financing. Its unfortunate that SP's are determined and controlled by computer algorithms more so than fundementals, and REAL data.
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