Bearing Lithium Corp BLILF

BRZ

[tiger2201]

BRZ has a good 2 days trading. People finally realize BRZ's value, but it is still under valued in comparison with LPI. LPI was up 27% yesterday in Australia.

Based on Google, LPI's MC is Aus$315.5M, assign $20.5M for their hard rock assets, LPI's MC is Aus$290M=CAN$271M. LPI owns 51% of JV, while BRZ owns 17%, so based on LPI's MC, BRZ should be worth Can$90M. AS today, BRZ's MC is only Can$41M.

Hold on your shares, BRZ has much more to go UP!

tiger

[neosceptic]

Every time LPI management speak about future plans, especially, when they mention that Maricunga is their prime focus, s/p of both LPI and BRZ surge. They have to push development as hard as they can. We are at the point, when financing is the only obstacle. The cooperation with Mitsui is good, but if Mitsui will play too hard too get card, LPI should openly pursue other directions, find more

[tiger2201]

Hi neo, It may take time to play out, I hope it is the case as well, so it will not triger my forced capital gain, like NLC's deal, into this year, hopefully next year. 1st, it's 3 partners JV, things will move slowly; 2nd, the Japanese is cautious people, they move slowly too; 3rd, LPI is planning to de-merge its WA hard rock assets, supposed to be mid of year; 4th, if 3 partners do

[neosceptic]