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Bullboard - Stock Discussion Forum Bearing Lithium Corp BLILF

Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.

OTCPK:BLILF - Post Discussion

Bearing Lithium Corp > LPI produced BG lithium carbonate with 99.92% purity
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Post by tiger2201 on Nov 16, 2022 7:44pm

LPI produced BG lithium carbonate with 99.92% purity

LPI has produced battery-grade lithium carbonate with 99.92% purity from Maricunga. Samples will now be sent to buyers as part of financing plans for mine construction.

https://twitter.com/LithiumPowerLPI

tiger
Comment by tiger2201 on Nov 17, 2022 12:33am
With this excellent news, LPI was only up 3 cents and closed at A$0.58 today, which is equivalent to BRZ at C$0.364 +0.015 = C$0.379. At C$0.33 that's 14.8% discount with about 1 week time to close the merger! 1C$=A$1.116. I am little disappointed. tiger
Comment by neosceptic on Nov 17, 2022 4:45pm
Unfortunately,  market ifor developers is not driven by news distorting valuations. Similar news during bull condition would definetely appreciated. The good news is that it is important for potential partners.  Hopefully, it will create additional pressure on Mitsui, they should understand that these grades may be too attractive and someone can present a superior offer. Similar was with ...more  
Comment by EMTguy on Nov 18, 2022 3:44am
Did everyone everybody see this e-mail ballast ?! They are just sending now !  After 2 years of touting Mitsui now they decide to do this ! Molasses is faster than this company. LPI, Bearing and Borta don't care about the shareholders, the top people have been making money for years, except Borta, he doesn't need the money. 
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