OTCQX:SREMF - Post by User
Post by
splitcoreon Nov 22, 2010 11:23am
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Post# 17738891
News.
News.If there is news in the pipe or damn strong rumours, no one seems to know which company will be the beneficiary.
It might be the Toyota news that's doing it.
BUT obviously investors aren't aware that CLQ is really the only choice if you want a great return on your money.
WLC is somewhat stalled but LI seems to be moving up and I can't figure why.
I posted this on Friday but I'll do it again:
These are the facts based on all three company's own news releases:
Canada Lithium- 46 million tonnes @ 1.19 % and slated to open in maybe 16 months.
Western Lithium- 10 million tonnes @ 0.43 % and slated to open in maybe 60 months.
Lithium One- 12 million tonnes @ 1.30 % and slated to open in maybe 60 months.*
*But don't forget that LI is way up near James Bay and will likely need even longer than 60 months to get a mine in operation.(if they ever do!)
And, also don't forget that we'll not only be up and running sooner that the others but at far less initial costs.
If I remember, CLQ will need $150 million but the others will need about $450 to $500 million. We have a mine already and they only have drill holes in the ground.
Who's the winner????? CLQ