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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

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Post by SquareQc on Mar 26, 2018 10:48am

Ouffff

anyone knows what is happening this am ???
Comment by WiseGuyTSX on Mar 26, 2018 11:05am
I dont think there is anything to worry about considering the low volume. My guess is retail investors/weak hands are not liking the market combined with the down trend. With the volume traded I am not overly worried. Level 2 shows alot more BIDs than ASKS. Significant volumes in BIDS and half as much on ASKS. Def means weak hands selling and commercial buying.
Comment by MeatHammer on Mar 26, 2018 11:14am
I dont know... Why are other junior lithium miners holding steady while AAL is down 12%? Feels like insiders dumping.
Comment by SquareQc on Mar 26, 2018 11:24am
 Then again the volume isn’t that high ...
Comment by WiseGuyTSX on Mar 26, 2018 11:24am
Again current market sentiment combined with recent Lithium supply concerns which have been discredited by muiltple sources. Matt Bohlsen from seeking alpha covers the Lithium industry every month. He just released his monthly today. Read his take and analysis on these supposed lithium supply concerns. He goes over all numbers well. AAL is down but others are also either in the red or barely ...more  
Comment by MeatHammer on Mar 26, 2018 11:39am
"Anyways Im being positive because i believe in the fundamentals."  I'm with ya there. I wouldn't be suprised if something big is announced soon. 
Comment by 100KInvestorEH on Mar 26, 2018 11:57am
I purchased more shares of AAL today at .97. A similar dip took place last November and I was sad that I did not loadup more at that low.  65% of the company is owned by insiders who took shares off the table for at least two years.  I think the fundamentals of this company are correct, the management team is committed and the price of lithium will remain high.  I wil wait ...more  
Comment by mikerosoft667 on Mar 26, 2018 11:20am
This post has been removed in accordance with Community Policy
Comment by SquareQc on Mar 26, 2018 11:26am
Thank you, that is reassuring