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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 PuerSimiaon Nov 30, 2023 10:52am
29 Views
Post# 35760996

RE:RE:Are all lithium companies down the same?

RE:RE:Are all lithium companies down the same?
PuerSimia wrote:
PuerSimia wrote: That's a good question. Here's the list of the one's I used as a comparison:

Close on Oct 31                Close on Nov 29         Change

ALB $126.78                    $121.63                         -4%

LBNK 0.84                         0.87                             +3.5%

LTH $1.65                          $1.53                           -7%

SLI $3.84                           $3.00                           -22%

ETL $2.68                          $2.23                           -17%

Summary: SLI wins the worst performer for the month of November, so far, at -22%, with ETL coming in as a close 2nd at -17%. SLI would appear to be the closest comparable to ETL, as far as price decline goes. I think that anyone who has read their recent Definitive PFS's would agree, that ETL does look significantly better than SLI. The comparison will be more meaningful however after ETL completes their PFS.

LBNK actually went up 3.5%, which IMO is nonsense. Their head office is in Vancouver, and I simply don't trust anything out of Vancouver. LTH held up pretty good too, down only 7%.

Note: If the 'change' is off a bit (e.g. + or minus 1 or 2%), it might be because the closing price on the Venture Exchange showed up differently when viewing the 3 month closing prices vs. the today's closing price, in Stockwatch.com. A bit strange.


Down to $2.10 this morning? Now we've tied SLI for a loss of 22% in the last month. Actually, we've overtaken SLI, as they're up 6 cents this morning. Wow, what a complete POS.

It's time for the Company to come clean. Issue a press release saying they have no idea why the share price has tanked this month, or admit something. There's no way IMO that we should be this low, given their recent KPIs.


.....and 16% of that has happened in the last 4 days. What are they doing over in head office?
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