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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Bullboard Posts
Comment by YCBASMGon Oct 28, 2016 4:25pm
107 Views
Post# 25400296

RE:Big News regarding First Nation Agreement - dumping U shares

RE:Big News regarding First Nation Agreement - dumping U sharesI have said it before, but I believe there are shareholders who got their shares through convertible warrants related to the companies previous debt offerings.  The shares are up nicely since then and they want to lock in profits.  There is still too much overhang of these shares, so when the stock went up last week, it was an opportunity for these guys to get out, which is why the shares got knocked back down. The shares will start to move higher once they are out completely - good news won't hurt either.  It may not be until the spring when these shares start to move again, but at some point they will.  A lot of people complain about the stock not moving, but it has moved a lot over the last couple of years. a year ago the stock was at $0.15 (a double) and three years ago it was at $0.06 (up 5x).  Patience is a virtue.
Bullboard Posts