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Stria Lithium Inc V.SRA.P


Primary Symbol: V.SRA Alternate Symbol(s):  SRCAF

Stria Lithium Inc. is a Canada-based emerging resource exploration company developing Canadian lithium reserves in the Eeyou Istchee James Bay Territory of Quebec, Canada to meet the demand for electric vehicles and their rechargeable lithium-ion batteries. The Company’s Central Pontax Lithium Project covers 36 square kilometers (km2), including eight kilometers of strike along the prospective Chambois Greenstone Belt. The project is located in the west-central Eeyou Istchee Baie-James (EIBJ) Territory in northern Quebec. Its Pontax II project consists of 128 individual claims totaling 6811 hectares (68 km2) on strike with Pontax central along the prospective Chamois Greenstone Belt hosting spodumene pegmatites. Its Romer Polymetallic property consists of 57 contiguous and two isolated map-designated mining claims covering an area of 26 km2. The property is located in the Labrador Trough sector of Nunavik, the northern division of the Nord-du-Quebec administrative region.


TSXV:SRA - Post by User

Post by ttfngentson Dec 14, 2021 8:33pm
165 Views
Post# 34231170

Pontax value

Pontax value

There is no need to speculate how far the pegmatite swarm extends to or the quality of future grading. Go with what you know already. sra mc has the potential to easily eclipse 50m. It sits at 4m. The potential upside is staggering when you consider 600m x 100m is the minimum strike.  

Now you know why insiders have been buying above the market. It's for all to see. We just have to read. 

"We are encouraged by the initial results from our first round of step-out drilling at the Pontax spodumene pegmatite prospect, which confirms the pegmatite swarm extends over a minimum strike length of 600 m and to a minimum depth of 100 m and is still open to the northeast," said Jeffrey York.

"Stria's management believes, given the drill results from the Pontax Project previously announced on December 2, 2021, that terminating the Transaction is in the best interest of the Company and its shareholders."

 

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