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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 StockHawk1on Jul 28, 2022 7:01pm
87 Views
Post# 34858559

Thoughts on Zerohedge article (Green Lithium Extraction?)

Thoughts on Zerohedge article (Green Lithium Extraction?)

This article from Zerohedge brings up a lot of valid environmental concerns that many have regarding the lithium sector, specifically how lithium is extracted. 

https://www.zerohedge.com/commodities/electric-vehicles-trading-one-form-hazardous-mining-another


However, what the article does not account for are petrobrine-based methods of extracting lithium. Using petrobrine tech, lithium can be extracted with minimal environmental disturbance, and by using existing oil/gas infrastructure 


One of my top lithium explorations picks LithiumBank Resources Corp. (LBNK.V LBNKF) is committed to using Direct Lithium Extraction methods, which are much more environmentally friendly than traditional Li Extraction methods.


Recently LBNK retained Hatch to design, test and manage all of their DLE programs as well as test the use of DLE tech on its flagship project, Boardwalk Lithium. 


More here: https://ca.finance.yahoo.com/news/lithiumbank-engages-hatch-test-boardwalk-120000891.html


Today LBNK closed in the green at $0.94, MC is $34.944M

 
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