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Advantage Lithium Corp AVLIF

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.


OTCQX:AVLIF - Post by User

Comment by 100KInvestorEHon Apr 17, 2018 11:24am
92 Views
Post# 27897510

RE:RE:Bollinger Bands narrowing

RE:RE:Bollinger Bands narrowingLow trading volumes make it harder to really make good calls in the short-term or with trends.

Trying to predict  the future fundamentals may be a better option. 

In my opinion, these four things would drive the SP:

1) Updated resource; 
2) PEA;
3) Revised Morgan Stanley Report restating their lithium position (aka need more lithium); and
4) Clarification on the future strategic direction by AAL Management

Orocobre stock has dropped recently because lithium producution was delayed due to bad weather (and maybe poor management).  I am not sure what influence this will have on AAL SP or direction. It does support Joe Lowry's position that mining lithium is harder than MS thinks. 

However, AAL management knows it has a much larger resource than ORL estimated years ago.  If this stock traded on a different exchange it would be over $2 because you would have greater Institution investment and support.   Volume matters most on this exchange. 

Again, patience is fundamental with this stock.  

GLTA. 


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