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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 TheWokeLemmingon Oct 04, 2023 8:29am
82 Views
Post# 35668517

RE:RE:RE:RE:Question for the experts

RE:RE:RE:RE:Question for the experts

Not to belabour this as it is time to move on, but when any stock doubles in 2 months the probability is very high of a selloff. You wish to blame management for being prudent and ensuring they had the capital needed for 2024 but really you need to look in the mirror, especially when they warned you that an offering was coming.

If I get the same circumstance of a double in 2 months I will definitely sell and look to repurchase shares at a lower price.  

At any rate, we're both believers in ETL and both see the massive potential.  Today's news is a massive step in that direction, regardless of how the market reacts. 

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