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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 Crazy_Hendersonon Mar 06, 2012 11:44am
184 Views
Post# 19633253

RE: There's probably why they were selling

RE: There's probably why they were selling

Unbiasopinion,

 

"There's always a reason bashers.  Probably insiders selling to buy into this.....  hahaha   Maybe the sky isn't falling chicken little's !!!!!!!!!!!!!"  Maybe if you add a few more exclamation points, I'll believe you.  So insiders have sold hundreds of thousands of SLI shares in order to buy into the spin-off financing.  How does weakening SLI share price day after day benefit you, exactly?  As one poster on the other board put it, if you buy a 1000 shares you get 50 shares free!  50 shares times 0.10 (financing price) equals 5.00.  Great value there, obviously.  Even if you have a million shares of SLI you get 50,000 free shares which equals 5000 bucks, yet every penny SLI has dropped because of insider selling has cost you 10,000 bucks.  Again, great value. 

Now how many innocent people have you scared away.  Not enough, I'm guessing.

I hope you get caught.... This explains alot

Get caught doing what, exactly?  Being short?  Check the short position.  No one is short, although one could have made a bundle.  What explains a lot? 

Now 2nd drill results and if good - EASIEST DOUBLE< TRIPLE EVER!!!!!!!!!!!!

You know, you're right.  If the drill results are good, it probably will double or triple.  Will it be overvalued, tremendously so, but that never stops people from over-paying, as this stock proves daily.  But what if the drill results are not good.  What if they are the same as the last batch, which all indications point to them being at the moment?  What direction will the share price go then?   So basically this is a gamble.  Say the odds were as good as 50/50 that the next round of drill results will be good.  Risk-wise, gambling on drill results should be done on 2mm explorers, not 70mm explorers, especially since there are 2mm explorers currently smoking SLI with the drill bit.

 

Thanks for the cheap shares... I keep on buying buying buying

"Cheap" is a relative term.  What you call cheap, I call way overpriced.  But somebody has to prop up the shareprice while managment sells, I guess.  Might as well be you.  

 

 

Bullboard Posts