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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
Post by Crazy_Hendersonon Mar 25, 2012 11:10pm
382 Views
Post# 19716396

Let's Talk Seriously For a Minute

Let's Talk Seriously For a Minute

I did not attend the meeting, so my comments are based on Agora comments by posters who say they were there.

 

As reported by Dolee: "Drilling of the current phase could still take 6 months. However if they hit the anomoly then it would all end."

 

Another six months of drilling to add to the 8 or so months that it's been already?  What does that mean "if they hit the anomaly it would all end?"  Does Lori believe SLI will be bought out the second they hit the anomaly?  Or does it mean that if the results aren't what's expected from the anomoly, the drill program is immediately terminated (ie: give up)?  Both scenerios sounds equally rediculous. 

 

"As of today, the anomoly has not been hit. They are not taking samples around the anomoly as people have sugguested. They are trying to hit it, however, drilling is not an exact science but they are zeroing in on the target."

 

The anomaly hasn't been hit?  Are you kidding me?  It's nearly a km and a half in every direction.  Yes, drilling is not an exact science, but c'mon.  You're claiming that a target of that magnitude has to be zeroed in on?  If drilling is so inexact, how do you know you haven't hit it?  And seriously, if you can't hit a target that big, how much faith are shareholders supposed to have in your abilities to do this job?  Why is it every other exploration company manages to hit the zones they intend to and you can't?  I'm sorry, but I do not believe this.  This smacks of trying to keep the story alive ("but we haven't hit the anomaly, honest, everything is still okay").

 

"she said, "drill it or kill it" or something along those lines,meaning shes going to drill until shes finds the source and is quite confident that the source is on our property"

 

Funny, in that radio interview someone at Agora posted recently, she said "If you drill it you kill it, but not Tesoro.  You can't kill Tesoro  You can drill it but you can't kill it" (or something to that effect).  So now the possibility of killing it has entered her vocabulary?  Sound's a bit fatalistic, like the Agroa longs who are "in it to the end."   

 

"Lori said that there would be more work done on the other Peruvian properties but would not elaborate because the info could not be disclosed"

 

Yes, let the work begin on the other properties and divert resources from the flagship property where everything is progressing like molasis in the winter.  Unless, of course the flaship is no longer sea-worthy. 

 

Bullboard Posts