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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

Metals & Mining Industrial Metals & Minerals
E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties 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 16.0 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

E3 Lithium Ltd > 'Splain to me this ...
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Post by biscomanon Feb 18, 2021 9:09am
162 Views
Post# 32594040

'Splain to me this ...

'Splain to me this ...ETMC is Canadian exchange traded ... priced in Loonies, no?
EEMMF is US OTC exchange traded ... priced in dollars, huh?
Why don't the two trade in lockstep, up, down, sideways?
Seems the US version is seriously lagging ... a Contango situation. Been dropping behind since this rise began. Yesterday, ETMC appreciates 23%, EEMMF appreciates 19%. There is a whole $1 difference in their prices, not explained by the exchange rate.
Can someone school me on this?

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