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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 Jun 27, 2022 4:36pm
68 Views
Post# 34785676

RE:Just give this a couple of years

RE:Just give this a couple of years

The plant that is being built is small potatoes. Still, a small amount of revenue can only help. It's but a drop in the bucket when you have 500 million shares.

The real money is in the lithium. We agree on that. It's about the future of Manono several years from now. TTX should prove up its lithium resouce and wait. That's it. 

Better yet sell the deposit and avoid development costs.  A Chinese buyer wants it. If you wait too long further dilution will erode existing shareholders through additional dilution. That, and Chinese companies are well connected in DRC and they play dirty. Just ask AVZ about that.

I think the optimal timeframe is 2 to 5 years max. 

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