Standard Lithium Ltd T.SLI

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

Metals & Mining Industrial Metals & Minerals

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

Standard Lithium Ltd

Bullboard Posts

Post by Crazy_Hendersonon Sep 20, 2012 9:24pm

228 Views

Post# 20393637

A Nice Comparison

Today, with the acquistion of a gold deposit next to their flagship project, Xmet announced a global resource of 1.6m ounces of gold around the 5g/t mark. The stock went up 45% as of day's end. Let's compare this to St. Elias.

XME: 1.6 million gold ounces.

SLI: 0.004 million gold ounces.

XME: Market Capitalization 4.8m

SLI: Market Capitalization 15.8m

Shares outstanding: XME 60m, SLI 117m

Shareprice: XME 0.08, SLI 0.135

Approx value per ounce of gold in the ground: XME 3.00, SLI 4,000.00

Seriously--I mean SERIOUSLY--which shares would you rather be holding today?

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