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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Comment by ErinBrockovichon Apr 18, 2022 8:00am
73 Views
Post# 34609297

RE:RE:RE:RE:DRC kicked out a Chinese Mining Firm

RE:RE:RE:RE:DRC kicked out a Chinese Mining Firm

I would be careful about calling experimental extraction techniques of various metals, like lithium and tantalum, as being economical. No plant at an industrial scale has been built by ttx or one it's partners. And we don't know how profitable such an operation would be, given the grades and all that.  

This is why you are in the orphan phase. The orphan phase represents the typical lull in share price associated with the time it takes to build extractive infrastructure. Going from explorer to producer requires careful planning and competant management.


Deposits like this become more and more interesting as lithium prices go up. So, ride that wave. And hope they don't spend money like mad people. Dilution over time is your enemy here. Overspending is not a good look for a company with over 400 million shares and a slow exploration record. 

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