Bearing Lithium Corp BLILF

Metals & Mining Industrial Metals & Minerals

Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.

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Bearing Lithium Corp > Finally

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Comment by laporteon Dec 10, 2020 2:16pm

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Post# 32078207

RE:RE:RE:RE:Finally

I prefer option 1 and I am quite pleased that MSB is forging ahead without CODELCO. Keeping the CODELCO MOU alive while developing their initial plays is the prudent route to take.

A signing with CODELCO derisks the project immensley however I was always aware that it would probably slow down the start of the project. A government controlled entity will never move quickly. Especially with the country reworking their constitution.

This announcement signals to me that management within the JV are eager to advance the start of the project. Also this announcement exudes confidence. As you stated previously they must have enough solid interest from off take parnters, construction firms, financial institutions etc.

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