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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 chico237on Nov 26, 2021 12:52pm
205 Views
Post# 34169668

RE:Appeal and OSC

RE:Appeal and OSCOh my long PERU...then you best sell your shares!!! 

My Review of the 20 page “Rulings” documents (especially the ending Summary).    The courts ruling made clear on their “Opinion on payments & proof of payments attempted 3 years ago was sufficient!” The court “strongly disagreed with the agencies regarding the rights of concessions in question!” LIACF/PLUUF won the case.
 Appeal …yes! On the merit of what?  New evidence, new cause or evidence? I guess we shall see in due time. However- The Team, Company are confident! & the market seem to be trending in a positive direction. (even under pressure.)
IMHO -
Application to the NYSE listing is in play, current share price has shown strength above 4$/share.  Larger Institutional Investors should be entering. Recent credible firms are calling for higher share prices $7 to 8$/share leading into 2022.  I just not as concerned as you...
Good luck with your short positions… ADIOS!
Chico

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