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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

Post by LithiumNPVon Sep 23, 2017 1:18am
127 Views
Post# 26733814

The Problems I Have with LIX, AAL and NLC.

The Problems I Have with LIX, AAL and NLC.Is Lithium X salvageable? If what IKN say is true, can the management recover and get back on track? Is the stock going to $1.25 then $1 then 75 cents as management sucks the company dry of its cash and equity to pay management millions to do nothing, cut corners and delay the inevitable? They really deserve to be punished if they have share ownership with a massive collapse in price. They have I am guessing from their last financial statement 5 months ago $25 million in cash they can bleed the company to pay the board and management and then put the company in bankruptcy. It's hard to come back to this company. I can't buy AAL either because its Sulfur impurity is the highest in the world at 61 SO4/Lithium Ratio. That's got to hurt. And I am concerned about Neo Lithium too because right now there is almost no Measured value for LCE. It's almost non-existent.
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