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American Lithium Corp V.LI

Alternate Symbol(s):  AMLI

American Lithium Corp. is a Canada-based company, which is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is focused on development of its strategically located TLC lithium project (TLC) in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium (Falchani) and Macusani uranium (Macusani) development-stage projects in southeastern Peru. Its TLC Lithium Project is located near the regional hub and county seat in the town of Tonopah, Nevada. The Falchani Lithium Project consists of 1,090 square kilometers (km2) of mineral concessions in the Province of Carabaya, Department of Puno, in southeastern Peru. The Macusani Uranium Project is an undeveloped uranium projects in the world containing significant measured, indicated, and inferred uranium resources. Located approximately 25 kilometers away from the Company’s Falchani Lithium Project.


TSXV:LI - Post by User

Comment by rockmoneyon Apr 19, 2021 11:30am
238 Views
Post# 33021891

RE:RE:RE:RE:RE:RE:RE:I am buying down here

RE:RE:RE:RE:RE:RE:RE:I am buying down here
The gravest mistake in this deal is that American Lithium is going to give the leadership of the new company to Lawrence Stefan from Plateau. Massive mistake. This is the leadership team in Lima that lost the bulk of their ground for failure to properly make concession payments and are now being investgated by the Ontario Securities Commission.

They have routinely driven the company into the ground by overspending, blowing through budgets and always being broke with more and more dilutive financings. This merger is saving their collective asses again. American Lithium should have waited another quarter or two and  they could have bought this for far less as Plateau was broke yet again.

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