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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 inevtblon Apr 15, 2016 4:11pm
353 Views
Post# 24773124

RE:RE:whats causing LIX to boom over PE?

RE:RE:whats causing LIX to boom over PE?And the savvy publicity. Arguably, NMX is closer to production of a better resource, and their management team is no less talented than LIX. The difference is that with Matysek and Giustra, this isn't their first time around the block. They have built and sold companies before and know how to get cheap favourable coverage. Some call this "pump". I call it "the CEO's job". LIX management has done an excellent job of shouting from the rooftops, so to speak. Combined with their top land position in NV and land position in Argentina, these guys got on board with premium properties at the right time. Lithium news or something related to it appears daily in big name publications, and LIX has managed to be mentioned frequently. LIX is positioned very well to become the premier takeover target for the Big 4 mining co's with Li operations, and/or to become a cash flow machine once production commences. My sense is that they'll get into full scale production before entertaining takeover offers. And between now and then, Li prices are exploding. The recipe for a 10bagger (from my $0.85) is all there. NMX has the same potential and will follow with higher prices eventually too, as awareness of their company grows.
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