OTCQX:AVLIF - Post by User
Comment by
Coffeeinvestingon Apr 17, 2018 12:24pm
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Post# 27898063
RE:RE:RE:Bollinger Bands narrowing
RE:RE:RE:Bollinger Bands narrowingYes – very well said.
I am not too concerned about the poor results in ORL’s last quarterly update. Yes the stock got beat up, however every lithium stock has been beaten up, and ORL claims the poor results are due to weather, which is hard to control.
AAL is worth more than any other junior for these 2 reasons:
- AAL is in the same basin as ORL/Toyota & LAC/SQM, which clearly indicates the chemistry is solid
- There are not many juniors that have this great of a property with a technical partner.
- The resource update will be larger than comparable juniors in the region.
Once the resource estimate is out, I fully agree that we need clear direction from management on where the company is going. Perhaps this will be more detailed with the PEA.
Patience :D