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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Post by lithomonon Jul 29, 2022 3:59pm
328 Views
Post# 34861068

Short Position in the Millions

Short Position in the MillionsGood info Margin.  In some ways, the Frontier short position can be useful. 
For instance, I know buyers that are still waiting for real estate deal(s) to close & funds to be re-directed and they are hoping these FL shares don't run-up too quickly per "key" analysts forecasts in the $4 to $4.50 price range.
Would appear attractive value way down here.
However, that "short" position could quickly change if Frontier can align their mindset into the "operational" mode.  It's a tough nut to crack to get into that mode of thinking with corresponding applications, permits, approvals, etc...
We all recall what happened once Lithium Americas started making "key" milestone announcements in the advance to Lithium production operations and subsequently got into the construction phase in Argentina and the share price rapidly moved well into the $50 price range.
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