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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 MrInveston Mar 20, 2024 11:07am
85 Views
Post# 35942812

RE:Frustrating Market!

RE:Frustrating Market!Hang in there.  I am of the same opinion as you.  I am holding in my TFSA as I expect to have a decent return and I don't want any of that to go to the government where they can waste it. Canada is a horrible place to do business with so many barriers.  Just today I was reading a article about Canada being lowest in R&D and a GDP at the lowest of the G7. We cannot get out of the way of ourselves and others have given up doing business with us. 

In terms of E3, I think the above is reflected in the share price. Until some brave soul decides to poke their head out (which I think they will), E3 will stay low and may continue to go lower as near term cash flow is required and operating cash flow moves out. Just got to ride the river on this one and hope that no technical, capital, regulatory busts come forward. 
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