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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 stock688on Oct 19, 2021 1:45pm
134 Views
Post# 34023451

RE:RE:RE:RE:RE:RE:RE:Definitive Agreement to Acquire Rincon West and Pocitos

RE:RE:RE:RE:RE:RE:RE:Definitive Agreement to Acquire Rincon West and Pocitos
I think what happens today is that 1 Canadian dollar is the nearest short term expected peak.some people just want to take this profit and leave. It is a type of trading style.later when stock price comes back, it will be another pump, etc. You just need to where is your exit point and stick to that. My estimation is possiblely by end of year to achieve 3dollar, if the drilling starts soon and report positive outcomes. If the production is successful going forward, you might see acquisition offer from Chinese company mid next year,by then the price may rise around 5dollar.
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