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LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  LBNKF | V.LBNK.WT

LithiumBank Resources Corp. is a Canada-based development company focused on lithium-enriched brine projects in Western Canada. The Company holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta. The Company’s Boardwalk Lithium Brine Project is located in west-central Alberta, approximately 85 kilometers (km) east of the City of Grande Prairie and 270 km northwest of the City of Edmonton. The Project consists of 30 Alberta Metallic and Industrial Mineral contiguous permits covering an area of 572,237 acres, within a LithiumBank total land package of approximately four million acres in west-central Alberta. Its Park Place is land consisting of 1,571,364 acres of mineral titles, 50 km south of Boardwalk. The Company holds Saskatchewan with 336,595 acres of mineral permits across three separate property areas.


TSXV:LBNK - Post by User

Post by waves1on Jul 22, 2022 2:37pm
90 Views
Post# 34844059

LBNK up 35% in past 5 days

LBNK up 35% in past 5 days
LBNK.v is still up 35% in the past 5 days despite today's dip - As the lithium sector is in the gutter rn, LBNK's price isn't a reflection of its value and potential and I'd guess it'll stay this way until the Boardwalk PEA in September is able to define LBNK's position.
 
Not ideal for the short-term but I'm still loading up as this is a cheap entry/load-up point for the long term. 
 
With 5.97M tonnes of LCE and a consistent average grade of 73.9mg (higher than the average grade of the best PA project in Alberta to date), LBNK's Boardwalk Project is positioned to provide large-scale commercial production of lithium for many decades once its in the production stage.
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