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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Bullboard Posts
Comment by theGambleon Jan 18, 2018 4:20pm
86 Views
Post# 27388205

RE:RE:Rally

RE:RE:RallyYeah but the fluff is making sense when you connect the dots... First they want to buy BC gen... BC Gen wants to expand to be an LP.. so they find land for a facility... Then they realize they need a data system.. so they sign the LOI with cannabis experience... So now I'm assuming they need to raise capital and want to make sure shareholder value is maximized... they apply to trade on OTC market. It may all seem like fluff and delayed but I feel when the trigger gets pulled things are lined up to move quickly. The termination with Nemaska Lake Property was pretty clear indicator they are starting to divest away from mining.... not to mention the reasoning was "With the intent to create shareholder value, the Company continues to evaluate other potential business ventures"

Based on chart too we've confirmed support at 0.17 and should now go up to test 0.215. Technicals are leaning to oversold. Things look good imo.

I was in on UMB before it got halted and became CANN. I'm thinking AMS is the next one to follow this pattern. Have patience. This $7.5m market cap is going to explode once the ball starts rolling.
Bullboard Posts