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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

Comment by Merovingian2003on Mar 22, 2016 4:26pm
259 Views
Post# 24689716

RE:RE:March madness

RE:RE:March madnessLIX seems to have first mover in investing in the Lithium space and admittedly an all-star team.  I would be mindful of the $0.15 private placement which comes free at the end of this month and the $0.30 a the end of next month.  Will see what happens. I'd be careful and lock in some gains.  Chances are you will have an opportunity to buy it back again cheape given the free trading stock coming off hold, dilution and the seasonality effect mentioned. 

Congrats to LIX on opening and closing $8.5 million financing.  That is impressive and great timing to do so.  Good call by management to raise funds over $1, while there is money available,  are there might not be 6 months from now. 
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