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 stkinvestor75on Jan 16, 2020 6:07pm

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Post# 30562585

RE:RE:RE:RE:RE:RE:RE:RE:This image says it all...

fedor604 wrote:

stkinvestor75 wrote: Quick searches seems to indicate they were not that high on cash un June of 2019

https://prntscr.com/ql33k2

seems to be loaning a big chunk of it. 7.8 to 1 MCAd in 1 year only from June 18 to 19. 4M seems to be a loan (probably debenture to TTX). This was 6 months ago. Not sure they have that much cash in the bank.

they have roughly 250K

TTX has arond 5 million in debt and 15K or less now in the bank. I dunno how they drilled 5000M with 15 grand. As CO didn't lend them anymore money.

Fishy stuff going on here, someone needs to look into things here.

Maybe some other instance, person or company loaned them to pursue the drilling operation? Clearly, they need gaz in the tank and didn't go there with out means

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