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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 1:42pm
70 Views
Post# 35761604

RE:90,000 share dump one hour ago

RE:90,000 share dump one hour agoI agree. Insider buying of a couple thousand shares may come across as a lame attempt at supporting the share price. If they actually bought 40 thousand, 50 thousand shares, that would send a clear message to Shareholders.

I sure hope they do something. Even the standard, 'we don't have an explanation for the recent selling pressure, there are no significant changes in the business to explain the sudden decline in share price'.

Or an NCIB.

Or, a new CEO.

Or, an update on the PFS. Anything. The erosion of confidence in the company grows as the roar of the silence from management grows louder.
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