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Bullboard - Stock Discussion Forum Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

"Frontier Lithium Inc is a Canada-based mining exploration company engaged in acquisition, exploration, and development of mining properties. It focuses on elements like lithium, tantalum, rubidium, and cesium by exploring for lithium, cesium and tantalum classified pegmatites. Geographically it operates in one segment, Canada. Its main project is the PAK lithium project."

TSXV:FL - Post Discussion

View:
Post by MightyPoPo on Feb 28, 2023 10:36am

News out

Updated resource estimate. But thinking the market may have been expecting more.

FRONTIER LITHIUM ANNOUNCES EXPANSION OF SPARK DEPOSIT - 18.8 Mt IN INDICATED AND 29.7 Mt IN INFERRED CATEGORIES

Comment by RAFFL007 on Feb 28, 2023 11:52am
Yes, market expected more.....lets not forget de purity of the ore...... Quantity is KING Quality is Queen...
Comment by qwerty22 on Feb 28, 2023 11:58am
I guess we have to be realistic. Trevor said their resource number might reach 100mt but he had no date in mind when that number would be reached. He didn't state how much of their claim would need to be explored to get there. He seemed to suggest it would require joining up the pre-existing areas into one large deposit and zero work, other than basic geology, has been done in respect to that. ...more  
Comment by DoggerJT on Feb 28, 2023 12:03pm
And let's remember that this doesn't take into account the PAK deposit... this is just Spark. So the move to 100mm tons is happening, but may take time. I'm not a big fan of the way the numbers are presented... it seems to infer an increase of 30% in Spark, but that's not the case. It's an increase of 30% in the TOTAL M+I+I for all pegmatites.   Specific to Spark ...more  
Comment by BlueChipper2020 on Feb 28, 2023 12:15pm
Thanks for posting the insight. I am pleased with my investment here a few weeks ago. These resource amounts are open and will increase over time. This stock will be over $4 later this year or sooner.  GLTA BC
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