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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.2 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Comment by PuerSimiaon Sep 28, 2023 9:46pm
108 Views
Post# 35660780

RE:RE:RE:RE:We are back to being the most shorted in Canada

RE:RE:RE:RE:We are back to being the most shorted in CanadaThanks. That's what I found. The summary info is like what we see on stockwatch or canadianinsider.ca . The detailed info would be great to have, but their subscriptions are a bit pricey. Good info, so probably worth a look at a subscription. I was surprised to hear 180,000 shorts on the sell side. I was really hoping the shorts would come down to traditional levels once the financing closed. As mentioned previously, it would have been a great move for the people involved in the financing to short the stock at $4 or $5 bucks, then cover with their new treasury shares. Now I have to reassess what this might mean for the stock. Is it a great short squeeze in the making, or do people close to the company know something the rest of us retail investors don't? No urgency at the moment to sell/panic. Maybe a buying opportunity?
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