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Argentina Lithium & Energy Corp V.LIT

Alternate Symbol(s):  LILIF

Argentina Lithium & Energy Corp. is a Canada-based natural resource company. The Company is focused on acquiring lithium projects in Argentina. The Company explores, develops and advances its four key projects covering over 67,000 hectares (ha) in the Lithium Triangle of Argentina. The Company’s projects include Incahuasi Lithium Project, Antofalla North Lithium Project, Rincon West Project and Pocitos Project. The Incahuasi Project includes a 100% interest in over 25,000 ha of granted mineral rights properties in the Incahuasi Salar and basin in Catamarca Province, Argentina. The Antofalla North Project covers about 10,839 ha, including wholly owned and optioned claims. The Rincon West Project includes mining concessions covering over 5000 ha at the Rincon Salar. The Pocitos Salar Project includes over 26,000 ha of properties subject to four option agreements. The Pocitos Salar is located approximately 100 kilometers west of the town of San Antonio de los Cobres.


TSXV:LIT - Post by User

Comment by tictactoe111on Feb 10, 2021 1:02pm
167 Views
Post# 32526631

RE:RE:RE:only 33,143,168 outstanding shares

RE:RE:RE:only 33,143,168 outstanding sharesNot really, they're short on cash and everything has been put into stasis, including pr. It's what makes me think that this is a reverse takeover candidate as the 91 square miles of 'potential' lithium deposit would be included. That theory would also explain no interest in doing a company website, what would be the point!

Double top at 26c and now back testing, so someone is trying to build a base chart.

All speculation on my behalf, could go either way. IF it plays out on a reverse takeover then holding the golden egg situation is someone that is known/respected is involved, it would go nuts.

It's only happened to me once years ago, went from 2c to 70c in a week for nothing other than someone known reversed into a broke listed company. As it happened they ended up doing nothing with it in the end but I was long gone by then.
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