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Bullboard - Stock Discussion Forum 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... see more

TSXV:ETL - Post Discussion

E3 Lithium Ltd. > Very nice bounce off the lows today
View:
Post by SmilingDog on Nov 27, 2020 10:21am

Very nice bounce off the lows today

Always happy to see rational heads prevailing. Was able to pick up some very cheap shares off the open. Tough to say where the stock goes from here. But just wait for that next announcement about who they're partnering with - as mentioned in their press release.
Comment by catman24 on Nov 27, 2020 10:23am
This post has been removed in accordance with Community Policy
Comment by SmilingDog on Nov 27, 2020 10:40am
What makes you say its day traders buying the bounce? I could easily argue that day/momentum/swing traders bought the stock as it was pushing highs, and they're now the one's panic selling. And who's buying? The actual investors who know this stock is grossly undervalued, willing to step in on a transient event because they know this doesn't change the fundamental story one bit. ...more  
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