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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 Bookworm28on Sep 21, 2021 10:26am
59 Views
Post# 33891877

RE:RE:RE:RE:Looks Like the Cheap Stock is Coming Out

RE:RE:RE:RE:Looks Like the Cheap Stock is Coming OutAn offtake agreement will happen for sure. I can't see them not signing one, given the demand, and existing infrastructure.

I can see SLI take a small stake, but that's just my opinion. They wouldn't be involved in the day to day operations. It would however bolster their prominence in the NA Li market, and provide options for the future. Same applies to a Ganfeng or similar.

It looks like the stock was trying to move up this AM, but cheap stock seems to smother any type of rally. I'm surprised last week's surge got as far as it did. Don't know how much overhang there is, and why the selling at this time. The lab prototype is just around the corner. A bit of marke jitters, in general, so locking in profits I suppose.
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