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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 wasagastaron Sep 19, 2017 3:44pm
51 Views
Post# 26715894

RE:RE:RE:You are going to be rich by friday!

RE:RE:RE:You are going to be rich by friday!
Dcowboy31 wrote:
wasagastar wrote: They just issued options - now they have to wait two to three weeks before issuing good news. Sorry to burst your bubble and optimism. If they release news a week after issuing options it won't pass the smell test with exchange. Those pp holders are under water for now, not worried about that either. NO GREAT OR GOOD NEWS FOR TWO WEEKS MORE ATLEAST.


Uh why do they have to wait 2 to 3 weeks lol? The options have already been granted. This isnt a private placement that is subject to the exchange approval....


It's really the same thing as insider buying in a way. They have secured 3m shares at this price of 12 cents. You can't go out now and release amazing results. For the sake of appearance at least the will wait two weeks from yesterday's NR. Otherwise it smells. But watch this stock closely. They issued 3m shares to "consultants". Would not be surprised if those are a group of traders ready to take this stock to the next level....
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