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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 SpenceW15on Jan 19, 2019 5:42pm
80 Views
Post# 29256063

RE:RE:So when are we going to see this stock above $1?

RE:RE:So when are we going to see this stock above $1?

I can appreciate the FOMO of missing out on the upward push... much of which was driven by an emotional market reaction to the feds with little basis on market fundamentals. I also bought 15,000 at $0.60. Fed will raise interest rates. Canada not likely. 

I agree with your projections as broad as they may be. LSC was acquired this past week This deal represented the last of three junior acquisitions that left investors scratching their heads. My head is very itchy... premium per share to shareholders was $0.66. AAL has a word class asset in a mining friendly district with amenities that are critical to keeping capex and opex competitive. Please reference POSCO/ GALAXY deal to get a feel for what AAL could go for. 

If we don't make it to June 2019, possible acquisition targets come will come from one of the following; 

India 
https://www.miningweekly.com/article/indian-state-owned-firms-mandated-to-acquire-overseas-lithium-and-cobalt-assets-2018-06-22/rep_id:3650

OR Orocobre, LAC, Gangfeng*** Gangfeng is my pick! 

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