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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 Oct 21, 2022 5:36pm
113 Views
Post# 35040175

LBNK.v looking undervalued after study of flagship project

LBNK.v looking undervalued after study of flagship project

The latest Hydrogeology study on LithiumBank's (LBNK.v LBNKF) Boardwalk shows that the lithium brine project is capable of long-term & consistent high-volume production.


The study also showed that the project has exceptional flow rates. This is one of the most critical factors, and will contribute to the economics of the project's nearly-completed PEA. 


Considering this I think LBNK is still way undervalued @ $0.64, MC $24.89M

https://ca.finance.yahoo.com/news/boardwalk-hydrogeology-capable-long-term-120000220.html

 
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