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Standard Lithium Ltd T.SLI


Primary Symbol: V.SLI Alternate Symbol(s):  SLI

Standard Lithium Ltd. is a Canada-based near-commercial lithium development company. The Company is focused on the sustainable development of a portfolio of lithium-brine bearing properties in the United States. The Company's projects, the Phase 1A Project and the South West Arkansas Project, are located on the Smackover Formation in southern Arkansas, a region with a longstanding and established brine processing industry. The Company has also identified a number of highly prospective lithium brine project areas in the Smackover Formation in East Texas and began a brine leasing program in the key project areas. The Phase 1A Project is a brownfield project being developed in cooperation with LANXESS Corp. The South West Arkansas Project is a greenfield project located approximately 15 miles to the west of the LANXESS facilities. In addition, the Company also has an interest in certain mineral leases located in the Mojave Desert in San Bernardino County, California.


TSXV:SLI - Post by User

Bullboard Posts
Comment by Riverpigon Jan 11, 2010 9:32pm
392 Views
Post# 16666626

RE: what's up?

RE: what's up?Coles notes version:
Company has multiple properties (check website) - currently focussing on the Tesoro property located in Peru. Bulk samples at surface have rendered avg of 28 g/t au.  Some samples have produced over 180 g/t au. Recently completed geophysical survey via Titan24 from Quantec (refer to their website). Results from survey are expected any day now. The theory is that the deeper they go, the better the results will be. A drilling program will commence shortly after the results of the Titan are analyzed.
Company recently completed a pp, raising $1.125 million.
SLI has ramped up their IR - it hasn't gone un-noticed - volume over the past 15 trading days and beyond are significantly higher.
Sound about right, theDon1? What else did I miss?

GL - for a more complete diagnosis, check out their website, or call Terry Nixon in Vancouver.

Bullboard Posts