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Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Comment by lifegoesonon Nov 09, 2021 10:24am
149 Views
Post# 34104521

RE:A massive dilution of shares proposed by management

RE:A massive dilution of shares proposed by management HHHAPPY, I am a bit surprised that if the property is as good as everyone says, why would they shave current shareholders by doing a PP at $0.06. I guess one is either on the inside looking out or on the outside getting looking in. One thing is certain, there will be no shortage of paper and intense trading at some point, much of this paper will likely be sold or shorted into the market and covered after the four month hold. Playing penny stock is sure a lot of fun.
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