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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. > New warrants!!!
View:
Post by UNKLAL on Jun 23, 2021 10:10am

New warrants!!!

Great news release except the announcement of the cheap warrants good for 5 years!!! I would have loved to see the warrants priced at $5 bucks, where this share should be trading. My guess is the share price was walked down to accomodate the insiders getting the warrants at $1.70 EH!!! UNKLAL
Comment by diamondlessnono on Jun 24, 2021 10:42am
Who made it run from .45 to 5.25? Who make the money? Now back to 1.70 who is going to make money? Who's holding the  5.00 shares? Were does everything lead to?
Comment by Yajne on Jun 24, 2021 11:43am
You do know that it was 'options' granted to employees, officers, directors...not 'warrants'. The granting of options to employees, etc is very common in growth companies to attract and retain talent. Here's a quote: "....issuing stock options to employees helps companies attract, engage and retain the best employees. This is because it gives them a vested interest in ...more  
Comment by diamondlessnono on Jun 25, 2021 9:30am
Now that a lot of money was made, i think i will buy buy more like the insider.
Comment by diamondlessnono on Jun 25, 2021 7:22pm
insiders made etmc go up? So etmc went down from same traders? So the products only works for traders to make money?
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