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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 Loughatorickon Dec 12, 2023 10:31pm
118 Views
Post# 35781366

RE:RE:Time for a new CEO...stock is worth less than $2/share

RE:RE:Time for a new CEO...stock is worth less than $2/share

I think that Chris has been a good leader. He has assembled the land claims, hired a team of dedicated professionals, attended meetings in Europe and throughout North America, met with investors and raised funds and given countless interviews. An investor needed only look to slide 15 in the investor deck to see how E3 has moved forward. 

Just because E3's share price has gone down doesn't mean that the CEO should be changed. The company appears solid and moving forward at great velocity. I look forward to reading the next news release listing what E3 hopes to achieve this coming year.

I don't give much heed to DD, DoDo or Dont because they are obviously shorters and their posts are meant to cause angst. 

Per Fintel, in the last three days, shorters have sold between 20 and 30 % of the total E3 shares traded in the American markets. There is no reason to expect different trading patterns of E3 shares on the TSXV.

We also know that we are in tax loss selling season, so it is quite to be expected that selling pressure would be high in November and December.

To my knowledge, there are only a few miners hoping to extract lithium in Alberta (E3, LithiumBank, Highwood, Volt and Indigo). POSCO has made public that they are interested in extracting Alberta lithium....We know that the PFS will be issued within 6 months....We know that the governments want E3 to succeed and have supported E3 financially.

Let's not throw Chris under the bus.




 

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