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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 > DRC kicked out a Chinese Mining Firm
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Post by ErinBrockovich on Apr 14, 2022 9:25am

DRC kicked out a Chinese Mining Firm

DRC is becoming less friendly to China for big extractive projects. It's understandable, as some of these deals have not benefited tbe Congolese people as much as it should have. So, TTX should be looking to other possible partnerships to derisk extraction of this lithium soil matrix.

No proven, economically viable extraction technique has been devised for lithium soil matrixes. Only experimental processes are available. Perhaps these processes become more viable with higher lithium prices. Lithium brine is already highly competitive and hard to beat. 

Food security is also an important issue for many African countries. The DRC is particularly vulnerable. Russian and Ukrainian grain exports have been drastically curtailed.

Moving forward here is going to be a real challenge. But not impossible. Good luck to all. I, too, have invested in a couple of lithium companies. I'm also in silver, copper amd gold. Lithium prices seem to be edging higher lately, along with other inflating commodities.   

https://tfiglobalnews.com/2022/03/02/congo-kicks-out-chinese-company-from-one-of-the-worlds-biggest-copper-cobalt-mining-site/

https://www.africanews.com/2022/03/16/drc-war-in-ukraine-sparks-food-security-fears/

Comment by gimmycash2 on Apr 14, 2022 9:37am
 ha ha ha ha ,stick to your dillution pig taco stand.constant capitol raises to keep the light on and the mexicans at bay.
Comment by ErinBrockovich on Apr 14, 2022 9:54am
Thank you for taking the time to mention GSVR. Silver and gold are certainly on the incline. Gotta like that. Share price is now 0.63. Happy I got in early.  I am pointing out the obvious when it comes to TTX. If lithium prices continue to press upwards. Long term, you will do fine. A tide raises all boats, no? Moving forward with an experimental extraction process is not necesarily going ...more  
Comment by strongjay on Apr 14, 2022 8:23pm
erin strongjay like you would u be up for house of wong apprentice days consist of sun pools booze ,d and d ,frolic heres a test for you lady please look at fury this house of wong number 1 gold play with solver i await for your take if u do well here we may send for you for a month , u will be housed and fed and will be expected to work 50 hours a week looking at scanners plus u will be expected ...more  
Comment by strongjay on Apr 16, 2022 7:52pm
erin what u think of fury come on impress strongjay chop chop
Comment by KozmoT on Apr 16, 2022 9:38pm
Idiot ...
Comment by strongjay on Apr 16, 2022 10:30pm
kozmo the incell shut in,,,,,,, get back in your basement
Comment by TinTaLi on Apr 17, 2022 4:09am
Hi Erin, a one sided commentary. What about TFM, Glencore, Ivanhoe, Barrick, Trafigura, Huayou, CATL, MMG, ENRC, Bollore, Steinweg, Pullman, Lufthansa, Air France and many more companies taking positions in the DRC. What about Rio Tinto openly confirming they will start looking at the DRC? AVZ is worth 4.2Bio. Those investors must know the risk and looking for the reward. The area TTX finds ...more  
Comment by ErinBrockovich on Apr 17, 2022 8:57pm
The Congo is the Wild West. It's frontier country so to speak. Highly corrupt and unstable. Major companies with deep pockets are better positioned to broker deals in this sort of jurisdiction. TTX needs a major partner. Working with Chinese firms in this regard is difficult. They have a track record of undermining explorers like TTX and buying them out heavily discounted.  I invest in ...more  
Comment by TinTaLi on Apr 18, 2022 1:12am
Hi Erin, I beg to differ as the company has had a major turnaround and have been financed by a single party since that turnaround and yet work is going on and their presence in the DRC increasing. on another note, have you looked at the plan around the Lubule Tin and Tantalum project? So would that not create near term cash flow and profit undermining your "orphan stage" comment as that ...more  
Comment by ErinBrockovich on Apr 18, 2022 8:00am
I would be careful about calling experimental extraction techniques of various metals, like lithium and tantalum, as being economical. No plant at an industrial scale has been built by ttx or one it's partners. And we don't know how profitable such an operation would be, given the grades and all that.   This is why you are in the orphan phase. The orphan phase represents the typical ...more