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Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and management team with seasoned lithium experts, who previously played pivotal roles in the successful Millennial Lithium venture (sold to Lithium Americas for US$491 million).


TSXV:NILI - Post by User

Post by mrmomoon Jan 03, 2023 1:46pm
329 Views
Post# 35201123

News, results & Halt lifted.

News, results & Halt lifted.Just a few points to make here.

If you're a s/h, you're not that disappointed by the news release, If you're looking to buy or get in, be VERY careful from this point onward! Going in full fomo without knowing what you're really getting into never ends well.

So the news was the release of some additional holes that show some consistency within the project paramteres. This is NOT the BIG KHUNA news release that dubious & questionable spamoids posters like Mr Moldy63 have you beleive. All this shows is that there's some consistency in teerms of values on the property. That's it! Don't be fooled into belieiving otherwise.

What most folks have to understand is the following. This isn't a BRINE lithium deposit, niether a spodumene rock deposit either.......IT'S ALL CLAY! And for now, clay deposits are completely not financially feesable, viable OR shown to be profitable at ANY scale.

So if you decide to invest in here for anything other than day trading........be aware of that fact! And remember these guys STILL have to address the financing issues that have NOT been resolved to this day since the last time thye pulled the last financing deal.


GLTA
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