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SOUTHERN LITHIUM CORP V.SNL

"Southern Lithium Corp is a resource exploration company. The Company is engaged in acquiring and exploring mineral properties."


TSXV:SNL - Post by User

Comment by Mackooon Aug 30, 2017 11:44am
122 Views
Post# 26637288

RE:RE:RE:RE:RE:RE:Insiders

RE:RE:RE:RE:RE:RE:InsidersMuch talk of DD lately. Apart from the SEDAR database for reports; canadianinsider.com; shortdata.ca; and YouTube are great resources to get the full picture when doing your DD. Admittedly, I missed the increased short interest as of Aug 16th when I bought so I got in too early.

I think shorting is partially to blame as it probably got the snowball rolling and then stop-losses got triggered on the way down. Check out Shortdata.ca. I would expect that the short volume have increased even further in the last 14 day period and we will find out in a few days.

In terms of warrants, there were 7.8M outstanding as at June 30th, all with a strike price of 35 cents. There are some options as low as 10.5 cents but not enough to account for all the volume we have seen lately.
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