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LITHIUM X ENERGY CORP V.LIX

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."


TSXV:LIX - Post by User

Post by Bottomfisheron Mar 16, 2016 2:33am
244 Views
Post# 24663465

15 cent shares....no reason to worry

15 cent shares....no reason to worryI would not be surprised - when the 15 cent shares become tradeable - we will see another timely major news release, that will take the share price to a new higher level. 

Since Lithium is the only real play in town (besides gold), why would anyone sell the shares for a small profit, if a much bigger one is on the horizon. 
For insiders there is another strong reason not to sell: Loosing voting control, which is tight to the number of shares you own !!   

Besides those reasons, anyone owning PP shares, can shortsell into the market and replace the shares with PP paper....


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