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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Comment by Bmobmobmoon Oct 03, 2018 8:58am
15 Views
Post# 28735796

RE:RE:RE:I prefer looking at my pent get dry than TTX stock

RE:RE:RE:I prefer looking at my pent get dry than TTX stock
stkinvestor75 wrote: I understand for sure. However, I'D wait still a few weeks. I know AVZ are releasing their Scoping Study, a pre faisability report this weel (their stock is halted). Since the roads should be pretty much the same as AVZ for explitation, and that transport costs should be a major part of OPEX, it will be interesting to see the cost of it and how they foresee profitability.

Since we don't have numbers to simulate revenues, at least we can have a glimpse a how much it could cost.

But for sure, I won't be waiting till Christmas for this stock to move, life is to short...or I could just repaint my living room...

 


My concern is what good is the Scoping Study to us if all we have is a lump of dirt. The picture Tantalex has been painting to me is that their initial 2000 meter drill program aka phase 1 didn't goes as planned because we all know (thanks to AVZ) that it doesn't 5 months 2 weeks and counting to turn over grade and additional drill results. TTX said phase 2 - the contination to drill - was dependent on the outcome of phase 1. With phase 3 being the planning and construction of a processing plant. WIth the poor lab results and unexpected veiny pegamites from drill 1, TTX scrambled and likely sold their/our soul to the devil to make a deal for the the tailings to save face. Anyhow, this is the conclusion i've drawn to date. AIMHO.
You think Tantalex is slow to react now, wait till rainy season which is around the corner, it'll be another 6 months before this snail moves again. AVZ has been making things happen and getting things done up until now. It's a shame Tantalex management can't do the same and find a way to pull their finger out.
I'm looking forward to tomorrows Scoping Study from AVZ. I'm hoping the good news doesn't get sold into like it has been lately. Perhaps it'll give me a chance to recoup my loses from this dog.

Sorry for the rant. Just annoyed for dumping so much money on this dog of a company when they have such little respect for those who invest their hard earned money.

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