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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 Jun 08, 2012 3:42pm
198 Views
Post# 19994517

RE: RE: SFF vs SLI

RE: RE: SFF vs SLI

Gus, I agree with you that the market believes SLI is worth what it is worth.  Today it's 0.20.  Before Christmas it was over 2.00.  I can't speak for where the shareprice is headed except by fundamentals and comparison to its peers.  Like you say the market doesn't always make sense.   However, since you're here to make money, Gus, what makes you believe SLI is currently a bargain?  Market caps being equal why do you feel 0 proven ounces is a better buy than 3mil ounces? 

 

Would you agree with me that a company that has a 3mil ounce resource has a foundation for the shareprice to build upon, and that it will likely only go so low in bad times?  Would you agree that a company with 0 proven ounces does not have that foundation to fall back on in bad times?

 

You're quick to dismiss Seafield, but it was trading for 0.10 a couple of weeks ago and went to 0.18 yesterday.  You said you were looking for bargains.  How come you and your rich friends didn't spot that bargain?       

Bullboard Posts