RE:Are all lithium companies down the same?PuerSimia wrote: That's a good question. Here's the list of the one's I used as a comparison:
Close on Oct 31 Close on Nov 29 Change
ALB $126.78 $121.63 -4%
LBNK 0.84 0.87 +3.5%
LTH $1.65 $1.53 -7%
SLI $3.84 $3.00 -22%
ETL $2.68 $2.23 -17%
Summary: SLI wins the worst performer for the month of November, so far, at -22%, with ETL coming in as a close 2nd at -17%. SLI would appear to be the closest comparable to ETL, as far as price decline goes. I think that anyone who has read their recent Definitive PFS's would agree, that ETL does look significantly better than SLI. The comparison will be more meaningful however after ETL completes their PFS.
LBNK actually went up 3.5%, which IMO is nonsense. Their head office is in Vancouver, and I simply don't trust anything out of Vancouver. LTH held up pretty good too, down only 7%.
Note: If the 'change' is off a bit (e.g. + or minus 1 or 2%), it might be because the closing price on the Venture Exchange showed up differently when viewing the 3 month closing prices vs. the today's closing price, in Stockwatch.com. A bit strange.
Down to $2.10 this morning? Now we've tied SLI for a loss of 22% in the last month. Actually, we've overtaken SLI, as they're up 6 cents this morning. Wow, what a complete POS.
It's time for the Company to come clean. Issue a press release saying they have no idea why the share price has tanked this month, or admit something. There's no way IMO that we should be this low, given their recent KPIs.