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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.2 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Comment by ndiamondon Nov 13, 2020 11:16pm
144 Views
Post# 31900485

RE:RE:RE:Trading nicely

RE:RE:RE:Trading nicelyWorth repeating :

Still trading very cheap at these levels.    Market cap of $42 million.   Best comparison to ETMC is  SLL which has a market cap of $225 million.      You can do the math on where ETMC share price could go...(what is 5 x $1.22)


This is not a "trade" stock because it is so undervalued.   Buy and hold.    If you try to trade it / play games -- high chance you'll be left behind and miss the big runs like a few others on this Board have missed (who sold much too early).
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