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American Lithium Corp AMLI


Primary Symbol: V.LI

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.


TSXV:LI - Post by User

American Lithium Corp > American Lithium Looks cheap here
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Comment by cyber37on Apr 18, 2024 1:06pm
144 Views
Post# 35996271

RE:American Lithium Looks cheap here

RE:American Lithium Looks cheap here Well,….yes the value that LI represents & potential for this stock to reflect it (and go up) is tremendous. BUT, the legal issues that this company entangled itself through its’ own ignorance (by failing to re-new lease in Peru on time) is the reason this stock is in the dumpster. On top of it all company did not demonstrate any action taken to rectify or safeguard its’ operations in Peru from this happening again. It looks like incompetence is being rewarded in this case.
IMHO this is the main reason this stock is where it is rather then where it could be. I’m holding & I’m long on LI and wish for more competent management to take over this outfit. 
G37     
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