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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 Oct 27, 2023 11:28am
127 Views
Post# 35704105

RE:RE:Stock price

RE:RE:Stock price
TheWokeLemming wrote:

sicnarf2 wrote: Frittering away every day as people try to think of the glass as half full !

Why buy when management can't be trusted to not leak news out to the connected?  There is a huge trust issue here that nobody wants to address. 
 



That's an understatement. They have an optics problem that they're not too interested in addressing. The last insider sale of 8,600 shares by Michael O'Hara, at $3.20, the day before the KPI numbers are released, was incredibly bad judgement. I know it's an inconsequential trade, and he holds a ton of stock, but it really doesn't look good. Such a small amount of money, surely if he had a tax bill to pay, he has $26K in the bank.
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