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Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Bullboard Posts
Comment by Bluebirdson Oct 18, 2016 6:51am
61 Views
Post# 25354591

RE:Publicly Available Information

RE:Publicly Available InformationSo ME owns some shares which he might sell for a 10% profit at 10 cents, Buffalo?  That's an awful lot of speculative effort for a stock in which you have no apparent financial interest and smacks of desperation.  Do you and JMC "LMFAO!!!" 1966 take it in turns on the keyboard while your care worker is not looking? 
BulffaloDung wrote: To the best of my ability and knowledge, Mr. England owns 576,000(?) shares purchased in the public market at an average price of 0906510417.(?)

Selling these shares at .10 will net Mr. England approximately $5000.00

Share Purchases:
      25000    14.5           $3625.00
   200,000      .10        $20,000.00
     48,000      .09           $4320.00
   100,000    .095           $9500.00
     28,000      .09           $2520.00
   100,000      .07           $7000.00
     75,000      .07           $5250.00
= 576,000 @ .09     = $52,215.00

576,000 x .10 = $57,600    

Profit round down to $5000.00 if sold at .10 .....

My information came from the Canadian Insider.

Everybody should fact check my source and these figures & calculations to verify their authenticity.

Always fact check ...as I may be wrong and welcome any corrections to set the record straight.

The wall @ .10 .... 576,000 shares? +

Here's my question. Does Mr. England want people to invest in his company or does he want to make a financial gain from his publicly purchased shares off the backs of those same investors? I am not suggesting there is anything nefarious in his transactions, quite the contrary, this is simply an observation I am struggling with.

I apologize to Mr. England for any errors or omissions in this post and will provide a retraction and / or corrections for any irregularities.




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