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Lithium Chile Inc V.LITH

Alternate Symbol(s):  LTMCF

Lithium Chile Inc. (Lithium Chile) is a Canada-based exploration company. The Company is engaged principally in the acquisition, advancement and development of mineral properties in Chile and Argentina. The Company has a property portfolio consisting of 11 properties encompassing 106,136 hectares in Chile together with 29,245 hectares on the Salar de Arizaro in Argentina. The Company also owns four properties in Chile totaling 22,433 hectares that are prospective for gold, silver and copper. Its projects include Salar De Arizaro, Salar De Coipasa, Salar De Llamara, Salar De Turi, and others.


TSXV:LITH - Post by User

Bullboard Posts
Comment by PruneFaceon Apr 30, 2019 1:04pm
132 Views
Post# 29689548

RE:Leaps and Bounds

RE:Leaps and BoundsBut according to the MD&A, before they actually do any real drilling they'll have to raise additional capital after blowing the stash on bulbous salaries, consulting fees, travel and entertainment and loans to Kairos Minerals which has evidently gone AWOL. Looks like the placement will be in the $0.40 range the way things are going. So by time they get some more cash, it'll likely be year end before they actually do anything. The good news for management is that their monthly stipend will still show up in the mail.
Bullboard Posts