E3 Lithium Ltd V.ETL

Volume

[TheWokeLemming]

Despite all the shorter talk, volume this week has been very low.  Sellers just aren't there.  Buyers will be back once the debt ceiling issue has a deal.

[PuerSimia]

I was thinking the same thing. I looked it up. Historically, the Budget impasse hasn't affected the market much. I think the Shorters have derailed things for now. I was hoping the shorts were related to opportunists involved in the financing, but that does appear to be the case. The smack down started 2 days before the KPIs were released, and we haven't been told what the Flow Rate KPI is

[PuerSimia]

Correction: that doesn't appear to be the case.

[GreenArrowUp]

Taken from the article posted the othere day. E3 did not yet publish flow rate ratios as they were waiting for additional data but he didn't expect that the flow rates would be an issue. The bottom line is that these initial data while stressing they are preliminary, are a positive indication that E3's DLE field pilot is operating as expected.

[TheWokeLemming]

The shutdown during the Obama years greatly impacted the market. 

[PuerSimia]

And Trump's 35 day shutdown at the end of 2018 did nothing. The DJIA increased steadily from 1st day of the shutdown onwards. That was until COVID came onto the scene. It's a moot point as of an hour ago, as a stop gap vote passed, to avert a shutdown.

[TheWokeLemming]

Hmmmmmmm.   That aged well.