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Bullboard - Stock Discussion Forum E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

Metals & Mining Industrial Metals & Minerals
E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate... see more

TSXV:ETL - Post Discussion

E3 Lithium Ltd > 'Splain to me this ...
View:
Post by biscoman on Feb 18, 2021 9:09am

'Splain to me this ...

ETMC is Canadian exchange traded ... priced in Loonies, no?
EEMMF is US OTC exchange traded ... priced in dollars, huh?
Why don't the two trade in lockstep, up, down, sideways?
Seems the US version is seriously lagging ... a Contango situation. Been dropping behind since this rise began. Yesterday, ETMC appreciates 23%, EEMMF appreciates 19%. There is a whole $1 difference in their prices, not explained by the exchange rate.
Can someone school me on this?
Comment by TripleEm on Feb 18, 2021 10:38am
Could have been just that it was at the end of the day. Ijust did the math at current share price US@4.05 EEMMF, ETMC came out to $5.15, and on ETMC was at 5.12 when i started to calculate it. JMO, GLTA...
E3 Lithium Ltd
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