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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

Tantalex Lithium Resources Corporation > @stkinvestor - care to try to explain how this crew will pay
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Post by KozmoT on Mar 15, 2021 1:51pm

@stkinvestor - care to try to explain how this crew will pay

for any exploration?  They had Trade Payables of OVER $2.5 MILLION!! as of their most recent financial statements and what little money they raised since then is nowhere near $2.5 million. HeII they issued millions of shares AT 3 CENTS just to pay of loans they had.

Readers here await your explanation.
Comment by stkinvestor75 on Mar 15, 2021 9:34pm
you're right, i'm selling all my share at 1 cents tomorrow. thanks for letting me see the light
Comment by KozmoT on Mar 15, 2021 9:57pm
Actually I was asking you to explain to folks here how this crew could possibly pay for any exploration given their current unfortunte financial situation.  Seems you couldn't come up with anythng.  Not surprising. Carry on pumping.
Comment by stkinvestor75 on Mar 16, 2021 12:12pm
I'm not pomping and could not care less as to what other do with their shares short term. You can continue bashing 10x a day on this forum, you clearly have some agenda. On my side, I like the price of the share vs potantial of growth if they find what they are looking for on the drilling side. I like the new management team and BoD as well as all PR since 6 months. Do what you need to do, I ...more  
Comment by KozmoT on Mar 16, 2021 1:18pm
That's a lot of blather just to tell us you have no idea how this company could fund ANY exploration. As for your claim to not be a pumper...you do know we can see your past posts ... right?  LOL.
Comment by stkinvestor75 on Mar 16, 2021 6:47pm
exactly. You are so intelligent, it's incredible. You saw this in their financial results while Afrimet as well as other registered investors from Canada saw nothing of this and took a 2 M$ equity stake in the company. You should apply for being part of their due diligence team, they would hire you without any questions after this finding....extraordinary, i'm lucky to be able to even ...more  
Comment by KozmoT on Mar 16, 2021 7:35pm
Would love to know more about this  2M $ equity stake. That must have happened in the last hour or so? I do know that Afrimet got 50,000,000 ONE CENT shares (ouch!?) for a total of $500k investment. That's gotta hurt TTX investors!  I know they paid off a loan with 3 cent shares - again, that's gotta sting investors here. But by all means please elaborate on this $2 million ...more  
Comment by gimmycash2 on Mar 16, 2021 7:46pm
They don't need too much money,labour not very expensive in the drc and I think the Chinese are bringing more cheap labour as well.a few hundred bucks will cover the labour and a few thousand for the drill rental.lol give it up man ,you gonna miss the boat.tik tok
Comment by gimmycash2 on Mar 16, 2021 7:56pm
And you seem to be the most concerned non investor.hell the company  or the Chinese don't seem as concerned as you.
Comment by ErinBrockovich on Mar 16, 2021 8:56pm
You will need heavily  armed security. It's expensive in the DRC. 
Comment by stkinvestor75 on Mar 16, 2021 9:13pm
exact 500k from Afrimet and 1.6M from debtors converting = 2.1M in equity. https://webfiles.thecse.com/CSE_Form_9_-_Notice_of_Issuance_of_Securities_-_December_2018_9_signedEA.pdf?iQfdSmeir9UaCSmhL.R5VTLCfYMH2G2
Comment by Chrisvaughan on Mar 16, 2021 9:43pm
Exactly right drc is a violent place to do business but they have a violent partner in the chinese, these African gangs will look for easier victims.
Comment by KozmoT on Mar 16, 2021 10:03pm
What are you guys going on about Chinese partner"?  What Chinese partner? All they have is a non-binding MOU with a Chinese company that hasn't gone any further !!
Comment by Swingtrader on Mar 17, 2021 12:47am
Hey Kozmo, are you short on TTX or are you wanting the share price to fall back to .03 cents? Whateever the case that aint happening and you sound like a loser.....stay on this board if you have something positive to say otherwise go bash some other stock..........
Comment by KozmoT on Mar 16, 2021 10:01pm
LOL, you mistook debtors accepting cheap (3 cent !!) shares as payment of an outstanding loan as investing in the company!?!?  Wow! And the 500K from Afrimet was at ONE CENT!! TTX investors are screwed basically.
Comment by stkinvestor75 on Mar 17, 2021 8:53am
1 cent and 3 cents were pretty much inline with stock price at those times with discount (which is normal). Please put 2M$ in equity, even if not all new money, it shows confidence in the team (passing from debt to equity is a sign iof confidence as you have less rights on assets). Drilling is not expensive, espacially for tailing and they don't need to explore, just do a few drills. They ...more  
Comment by KozmoT on Mar 17, 2021 12:19pm
Please tell me you were joking when you said "passing from debt to equity is a sign iof confidence as you have less rights on assets" - they took the shares because WHAT ASSETS!!!!!  They must have been fairly sure they were never going to see the loan paid back so they took the THREE CENT shares and I'm guessing they are dumping them at 5 cents and laughing their heads off ...more  
Comment by stkinvestor75 on Mar 17, 2021 7:49pm
happy to buy those cheap shares. Happy to see the raise, even at 1 cent. Happy to see the conversion, even at 3 cents....cause i'm looking into the big pictures. how pathetic are you to spend so much time here if you are not a shareholder?  move on 
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