Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s): TTLXF

Metals & Mining Industrial Metals & Minerals

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.

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Tantalex Lithium Resources Corporation

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Comment by fedor604on Oct 22, 2018 2:14pm

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Post# 28849710

RE:RE:RE:RE:good time to by it looks like

Bmobmobmo wrote:

stkinvestor75 wrote:

BMO, I think I might have this kind of position if nothing happens in next 3 months. However, having a SP of less than 10M, and share value of 7 cents, the risk reward ratio is still in favor of TTX. AVZ are just nearby and have found the biggest spodumen concentrate on earth. That could be also good news for TTX if they find something. They are slow I agree. They don't keep shareholders I agree. But with a OPEX cost below 400$ USD for Spod conc, imagine the margins and potantial value it can get if they did find something or will announce something big.

I don't see a narrative explaining how this company can be value for less than 10 M$ in next 18 months unless they run out of money. So hopefully, our patience will be rewarded.
AVZ has around 175 M Market cap (around 17 x the one from TTX). PLS who are in production with much less than AVZ in quantities discovered, are value above 1 G$.

Any good news , like finding above 100M tonnes of LiO2 around 1.5% would be great (Avzm their neighboor found 259 Mt at 1.63%). I would at least wait for some official PR stating what was found.

AIMOO

I agree. With such a low market cap, IF and when TTX release's some positive news the SP will move quite quickly. My initial play was to stick around for awhile and invest more money as my confidence grows in TTX. Based on what i've seen so far with this company i'll wait (and pray) the low MC with good news will push the SP to the high teens so i can sell half my shares, free carry and care less about management's poor progress.

fingers crossed.

Cheers mate Thanks for the kind words.

GLTA

well I'm glad I sold all mine last year when it spiked over 20 cents, Have been slowly buying and under 8 cents for my average so I will be happy if it takes off ..

If not no biggy, I just heard there was to be news soon and my source is usually always right.

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