Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 01, 2021 8:30pm
267 Views
Post# 32442978

RE:current valuation is still very low - tremendous upside

RE:current valuation is still very low - tremendous upsideFor those new to this chat board -- I will repeat a post I have been saying for about a month.  Hopefully most have bought and held :


ETMC.   Buy and Hold.


ndiamond wrote (updated):

ETMC could easily be worth $8.00 per share.     I think it will get there.   The lithium resource is so massive.  Huge opportunity to increase resource even more.  Location/juridiction in safe Alberta.  Great infrastructure already in place.   Only 41 million shares issued ($120 million market cap).   Has a larger lithium resource than SLL...

Closest comparison -    Standard Lithium (SLL) over $500 million market cap.

Take a look at the chart on LAC.    Was $2.90 in March (yes 10 months ago) - now $25 with a market cap around $2.4 billion.

Millenial Lithium (ML) - about $350 million market cap.

Rock Tech Lithium (RCK) - about $280 million market cap.

ETMC --  has massive upside in valuation from current level.    Ridiculously cheap compared to peers.

Buy and Hold.
<< Previous
Bullboard Posts
Next >>