American Lithium Corp V.LI

Alternate Symbol(s): AMLI

Metals & Mining Industrial Metals & Minerals

American Lithium Corp. is a Canada-based company, which is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. The Company is focused on development of its strategically located TLC lithium project (TLC) in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium (Falchani) and Macusani uranium (Macusani) development-stage projects in southeastern Peru. Its TLC Lithium Project is located near the regional hub and county seat in the town of Tonopah, Nevada. The Falchani Lithium Project consists of 1,090 square kilometers (km2) of mineral concessions in the Province of Carabaya, Department of Puno, in southeastern Peru. The Macusani Uranium Project is an undeveloped uranium projects in the world containing significant measured, indicated, and inferred uranium resources. Located approximately 25 kilometers away from the Company’s Falchani Lithium Project.

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American Lithium Corp > Misleading Study Uses Unrealistic Prices

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Post by rockmoneyon Mar 07, 2024 11:59pm

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Post# 35922004

Misleading Study Uses Unrealistic Prices

I have never in my life seen a technical study using such wildly out of line commodity prices to model a future mine operation. They use $22,500/tonne prices to model the Falchani project whereas current real prices are closer to $10,000 or less. The regulators should not even allow this and should demand a restated 43-101 filed on SEDAR. This is incompetence. But seems like the market has seen through the absurdity of the study and is trading near all time lows.

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