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Bullboard - Stock Discussion Forum Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono... see more

CSE:TTX - Post Discussion

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Post by Yucatanman on Feb 25, 2021 9:21am

Curiosity

I am looking to get back in, my Sic jump for the great assays didn't materialize. One thing that puzzles me was the need to hire this Kabongo guy. Did they run into a government snag with licences and regulations? Or just late preparations. I would have thought that they would have already had a government liaison onboard. Thoughts?
Comment by Sylt1204 on Feb 25, 2021 9:43am
M&A 09.11.2020 Manono Kitotolo Tailings (PER 13698) In August 2018, the Company (through its subsidiary Buckell SAS) entered into an assignment agreement (the Agreement) to acquire Mines dOr Resources (Minor) 65% participation in a corporation which owns PER 13698 (Permis Exploitation Rejets) (PER 13698), at a cost of USD$3,000,000. PER 13698 grants exclusive rights to mine the tailings of the ...more  
Comment by Sylt1204 on Feb 25, 2021 9:46am
The drilling Manono Kitotolo Tailings project has not yet occurred due to operational and weather difficulties encountered in autumn 2019 and lack of access to project site in 2020 due to COVID lockdown. The COVID lockdown in DRC has been lifted since September 1st, 2020
Comment by KozmoT on Feb 25, 2021 10:47am
Thx for posting that ... I had forgotten TTX only had 65%.  That makes the numbers look even worse!
Comment by Sylt1204 on Feb 25, 2021 11:36am
.....tailings to be between 60Mt to 80Mt......... In the current presentation then only 40Mt - 50M ...... is getting less and less .... at the end 30Mt-40 ....... 10Mt-20 ....... sometime 0-10Mt ..... sometime it is not worthwhile, the project is then written off. ...
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