Advantage Lithium Corp AVLIF

Metals & Mining Industrial Metals & Minerals

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein. Its projects include Cauchari; Incahuasi; Guyatayoc; Antofalla; and Clayton.

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Advantage Lithium Corp > Record breaking volume nearly 10M shares in Canada

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Comment by Luc1961on Oct 25, 2017 7:40pm

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Post# 26859326

RE:Record breaking volume nearly 10M shares in Canada

...wild indeed..! The best part is that in spite of this recent increase, AAL still has a market cap of only $80M-ish. Since the AAL property "sandwiches" the LAC property on both sides, it comes as no surprise that results so far show Li concentrations in the 700 mg/L range with Mg/Li ratio in the low 2's....just like LAC. Hopefully the size of the resource will be comparable. Given LAC's market cap is in the $900M range, I think people are beginning to see AAL's upside (particularly that LAC actually owns only 50% of their resource; SQM owns the other 50%). $900M versus $80M? Hmmmmm. If results continue to be this good, AAL's valuation is bound to increase materially. GLTA. P.S. By the way, where is LithiumNPV? I kinda miss the guy...with his prediction of 20 cents per share for AAL...

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