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Bullboard - Stock Discussion Forum Ares Strategic Mining Inc - Ordinary Shares NHRIF

Lithium Energy Products Inc is a natural resource mining company. It is engaged in the business of acquiring and exploring lithium properties in Nevada and Arizona. The company holds an interest in properties such as properties include El Sol property, Griffith Mine property, Karas property, Willcox Playa, Whitemud property, Vanadium Ridge property, Papagonga property, and Jackpot Lake property... see more

GREY:NHRIF - Post Discussion

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Post by MegaPeezies on Jan 17, 2017 3:29pm

If I were to guess...

Chinese investors are involved with this deal (re: news release) and they are dumping their paper because they are getting in on a 0.05 - 0.07 cent unannounced private placement.
Comment by DeadliestCatch on Jan 17, 2017 3:31pm
They just closed a placement December 21st.  So no.  But its clearly longs escaping with the volume.  Consider it a gift to buy down here.
Comment by MegaPeezies on Jan 17, 2017 3:39pm
Scrap the "un" from unannounced then :) I didn't see that release, but now that I look at it they said they accepted filing for a PP at 0.05. So it hasn't closed yet from what I see
Comment by DeadliestCatch on Jan 17, 2017 4:02pm
An accepted filing actually does mean it is closed.  It was actually closed November 2nd in the NR but the TSX accepted it later in December, Not disagreeing that the action looks PP'ish but that is not the case here. Either way, these guys are moving and shaking way more then most Li Juniours.  Chinese money will rock his bay short term, just watch.  These prices are insanely ...more  
Comment by birch1 on Jan 17, 2017 6:38pm
Looks like insiders own almost 80 million shares of this one.  I'm in.  Going to rock.
Comment by birch1 on Jan 17, 2017 10:10pm
No insider sells today.....That was my concern....Now, working the property.  This is going to get very newsy in the next few weeks.  If this runs like ION.V, it will hold.
Comment by DeadliestCatch on Jan 18, 2017 7:09am
Oh ya, insiders run the show here and want to see this rock. Yesterday was old disgruntled shareholders bailing out. Good riddance, its a new day and this stock is going to move nice. They are exploring and awesome property and have a supply deal already with China......this is going to move in a big way short term. I say a double from yesterday's close is imminent short term as a minimum once ...more  
Comment by birch1 on Jan 18, 2017 10:27pm
No insider sells today boys and birls.  Sweep em up.  Looks like bottom is in.  Next week above $0.10.  Cheers.
Comment by VenEXGreatAgain on Jan 19, 2017 10:20am
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