Desert Lion Energy Inc - Ordinary Shares DSLEF

RE:RE:What if anonymous was just a daytrader!!!

[Dtraders1]

@red_deer DLI is not the only company to have been destroyed by the Lithium Market, look around the selling as been there for most of the lithium miners, everything went south after Morgan spoke about the supply glut.  The only thing that I think is relevant is the option under 1.82$ like the 0.20$ and 0.50$ that are still valid from the past of camex.

So all the financial investment done at 1.82$ would be considered like not a good investment return so far but back then the lithium market was good, we could not imagine it would collapse early 2018! The Market have spoken and we are tied to it.  That doesn't mean people can't make money, there will always someone to take avantage of the situation to still make money.

One thing that is good to know, 549450 common shares were issued to the vendors at a deemed price of 1.82$ and statutory hold period expiring August 18,2018.  Do you still think the vendors made money on that precise deal? No and they couldn't predict back then that DLI shareprice would hit that low! 

The way I see it and it's confirmed with others lithium miners situation, we had a bad year for lithium sector and LIX got really lucky (and myself) because they got takeover during the beginning of the lithium downtrend.

Question I still don't have the anwser, why not all the option at 0.20$ and 0.50$ where not used when DLI was around 2$?  It's kind of hard to think no one didn't take avantage at that time?  Could it be that ones who hold theses option where not aware or simply forgot about it ? Strange no?

Cheers