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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

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OTCQX:AVLIF - Post Discussion

Advantage Lithium Corp > Full technical report due for release soon. Rare buying op.

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Post by GoldenEye420 on Jun 22, 2018 10:15am

Full technical report due for release soon. Rare buying op.

Extract from their last release/report:

May 23/2018:
Advantage Lithium intends to submit a full technical report within 45 days of this filing, in accordance with the requirements of National Instrument 43-101 (NI 43-101) to support the conclusions presented here.
Richard Seville, Managing Director and Chief Executive Officer commented "We are very pleased with the results from the programme so far which has delivered a six times increase on the prior resource estimate. Three million tonnes LCE provides a solid basis for a Scoping Study/PEA and there is a significant exploration target from which we will build our resource base further. We will be completing the Scoping Study/PEA during this quarter and then will progress to a definitive Feasibility Study for a potential 20,000 tonnes per annum of Lithium Carbonate. I commend our partner and JV manager Advantage Lithium and its dedicated management team for delivering this quality programme in such a short period of time and we look forward to continue working with them on the Scoping Study/PEA."

Needless to say, with such positive results - expect a rise in sp back to normal levels. If you're long, hold tight and accumulate if possible.

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