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Bullboard - Stock Discussion Forum Advantage Lithium Corp AVLIF

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein... see more

OTCQX:AVLIF - Post Discussion

Advantage Lithium Corp > How much value?
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Post by aucontrairenow on Nov 21, 2016 10:30am

How much value?

My prob is I just don't have the knowledge to know what kind of drill success translates into how much value.  I got in early so for me is a bit of trusting the  good people running it, and hoping for good hits and continued high Li prices.  Any light shed on how to value this Co. is appreciated...
Comment by Target10 on Nov 21, 2016 1:17pm
I am assuming we will get more news once the current drilling is completed. Undoubtedly there will be value here as it is right beside the Silver Peak property, which is the only producing lithium mine in North America.   Ross McElroy, Technical Adviser and Director, of Advantage Lithium, commented: “We’ve encountered strong lithium grades and TDS results in brines with our first hole ...more  
Comment by aucontrairenow on Nov 21, 2016 4:10pm
Thanks target for the response.  I too am  optimistic about  these results, but I guess I still don't know how much such findings makes the company worth.  The market tells me each day I guess...but if good drill results continue $2...$3...$5?   I don't know what to expect...
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