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Bullboard - Stock Discussion Forum Desert Lion Energy Inc - Ordinary Shares DSLEF

"Desert Lion Energy Inc is a Canada based mining company. It is engaged in the exploration and evaluation of lithium minerals. The company's lithium projects are located in Namibia."

OTCPK:DSLEF - Post Discussion

Desert Lion Energy Inc - Ordinary Shares > Short volume going down!
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Post by Dtraders1 on Apr 02, 2018 9:48am

Short volume going down!

This is a good sign we are going back up :-)

Fews days for delivery confirmation and then sky is the limit haha

Cheers
Comment by Red_Deer on Apr 03, 2018 3:23am
DTraders__you likely saw that ANONYMOUS has come BACK today__selling more shares__but so far at least there seem to be enough buyers to sponge up these shares eh? Nonetheless a troublesome sign__especially as I have always thought the ANON seller(s) are the holders of the Seed Capital of the Private Numbered Companies__who finally have a Liquid Market into which they can convert their previously ...more  
Comment by Dtraders1 on Apr 03, 2018 5:58pm
@red_deer I looked at short volume data and it's going down.  The price spread is large between bid and ask so it tells me this it's not as liquid as it was a few days ago and not much volume compared to last weeks.  This is only micro play right now affected mostly by a TSX red market.  Mid April is approaching so we will get a good idea where we are really heading.   ...more  
Comment by Red_Deer on Apr 04, 2018 3:25am
DTraders just like last Friday when you were LOL at how well your strategy of having made many purchases in the multiple share price dives since DLI went public>>>> I see that Today you Once Again took Full Advantage of the Significant Anonymous selling and bought a Lot More shares @ 1.20 thus averaging down a bit more.
Comment by biggerr on Apr 06, 2018 4:24pm
where do they get the stockpiled lithium there, are they already producing or somebody did it before them?
Comment by foundryman on Apr 07, 2018 11:46am
They're already producing, with an initial shipment slated on/before mid-April. The stockpiles are historical material by a previous operator, leftover due to that particular concentrate not being worth much at the time it was mined. Over time, the type of materials required in batteries has changed, and DLI found itself in a position where these leftover stockpiles were now worth a fair ...more  
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