American Lithium Corp AMLI

Primary Symbol: V.LI

Metals & Mining Industrial Metals & Minerals

American Lithium Corp. is a Canada-based company, which is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is focused on development of its strategically located TLC lithium project (TLC) in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium (Falchani) and Macusani uranium (Macusani) development-stage projects in southeastern Peru. Its TLC Lithium Project is located near the regional hub and county seat in the town of Tonopah, Nevada. The Falchani Lithium Project consists of 1,090 square kilometers (km2) of mineral concessions in the Province of Carabaya, Department of Puno, in southeastern Peru. The Macusani Uranium Project is an undeveloped uranium projects in the world containing significant measured, indicated, and inferred uranium resources. Located approximately 25 kilometers away from the Company’s Falchani Lithium Project.

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Comment by Riggo44on Jan 18, 2023 8:44pm

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Post# 35232086

RE:RE:RE:Waiting

Here's an interesting question from another comment section for this stock from an individual. I have omitted his name to protect his privacy.

Indicated Resource – 4.63 Mt LCE (1192 Mt @ 727 ppm Li); up 129%
Why does the stock go down with news like this?
Me am Confused....

My take on this is great results, but lots of sell off around the 4.30 mark. There's obviously strong support at 4.20. Nothing to worry about here.