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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 > Any Idea on when this stock will start gaining?
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Post by knowforever on Dec 10, 2018 4:44pm

Any Idea on when this stock will start gaining?

It's been almost a year and this stock has trickled away over half its value. Every week we seem to be setting a new year low. Today we set another one at .54 cents. I understand the market is correcting itself during these last few months but how low can this stock go? We have over 3 million tonns of lithium and somehow were still stuck at less than a dollar. Someone care to shed some light on this matter, or is this just a slow market at the moment and next year we should expect a big gain? Sidoo himself said the markets should of picked up by now and advantage should be over a dollar. Morning star has it rated at .95 cents.
Comment by mikerosoft667 on Dec 10, 2018 9:46pm
This post has been removed in accordance with Community Policy
Comment by kbro on Dec 12, 2018 10:26am
Double down now or wait?. Unreal how low the m.c. is with so much proven li.
Comment by mikerosoft667 on Dec 12, 2018 1:02pm
This post has been removed in accordance with Community Policy
Comment by kikker01 on Dec 12, 2018 8:00pm
I think a lot of factors aren't in AAL favor at the moment. Li2CO3 oversupply in china, price drop of Li2CO3 and LiOH over year.  I would expect next years contracts are being negotiated at current prices. So I don't expect this years lofty prices again for a few years and maybe not again as lots of supply coming on line. Brine is competing with spodumene mines which are faster to ...more  
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