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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 Oct 16, 2018 2:10pm
167 Views
Post# 28811893

RE:I see a good deal coming soon

RE:I see a good deal coming soonI own quite a few shares of AAL and other lithium mining companies.  If AAL drops more in price than I would gladly buy more shares. By far, AAL is my largest lithiuim investment. 

This is a speculative stock that has a lot of upside to today's share price.  The Cauchari resource has potentially to be increased by more than +1M tonnes. AAL's partner, Orocobre, has just made a cash contribution to retain its ownership.  Major lithium players (Albemarle, Livent (FMC), Ganfeng, Tianqi) all have the cash and motivation to buy junior lithium miners (like AAL).  Battery demand is higher than supply (Tesla battery pack was recently raised).  More EV's are being announced by BWM, VW, etc.  Europeans want a GIGA Factory, China wants a Giga factory and USA wants more Giga factories.  Trouble between SQM and Tianqi in Chile could also create more consolidation. 

This stock is going to jump from todays low to a new high very quickly.  You can easily be on the sideline when this stock is halted and bought.  I would not day trade this stock.  When Mr Market swings low on this stock is an opportunity to add to your portfolio.  

I would not be surprised if AAL is purchased before the DFS is released. You are right that it is on sale today.  The big players are going to add your shares to their portfolio. To say that you know how the market will move, with no support, is just an opinion. 

In my opinion, AAL is a great buy.  The only thing thay would change my mind is if the resource doubled in size and management decided to produce (versus try to seek a sale of the property).  If that happened, I would sell some shares (which probably are now over a $1), and hold the rest long term - 2025. 

NIA, do you own research. 

GLTA - longs. 
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