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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 Oct 10, 2012 10:13pm
155 Views
Post# 20471391

RE: RE: Whoa.... get a grip on reality

RE: RE: Whoa.... get a grip on reality

"The only thing I do trust is there is no way this stock is worth 12.5 cents so I am buying more. Call me crazy!" - jon_doe

 

You're right, there's no way this stock is worth 12.5 cents.  Not when other juniors with viable projects and resource estimates over 1 million ounces are trading at smaller market caps.  Remember when it went under 1.00?  And everyone said they were buying more at these rock-bottom prices?  And then they said the same thing at 0.70 ...and 0.50 ...and 0.25.  I agree that SLI will eventually hit rock bottom and will move up from there, but I think you'll be very suprised how low this can go.  There are speculative juniors /peers out there with better drill results that trade under a million market cap.  While SLI might benefit from a general uptrend in the juniors which some newsletter writers expect, there's no gaurantee it will happen.   Like that famous quote (can't remember who said it)  "The market can stay irrational longer than you can stay solvent."

Bullboard Posts