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 lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions... see more

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E3 Lithium Ltd > It is Friday

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Post by MrPeters on Oct 20, 2023 11:31am

It is Friday

But so frustrating to see what happened this week. We all put so much on getting the KPI's to kick start the SP only to watch the better than expected news drive the price down. Question now is? Is if it is going to recover or stay down here or even lower for ever??
anyway I'm probably venting on myself for geting back in and taking a bath ever since.Take the weekend to lick my wounds.
Have a good one all

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Comment by PuerSimia on Oct 20, 2023 11:45pm

MrPeters, I feel your pain. I'm shocked with the price drop Wednesday after their full monty. I don't think the drop was rational, but maybe the 0.47 runup before the announcement wasn't either. Maybe ~$3 is where it belongs for now? I don't know. The thing is, whoever is playing it seems to be able to move it as far as they want, and at will. To help put today's drop into ...more

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Comment by Yajne on Oct 21, 2023 12:53am

Puma, IMIO $3 is not where E3 shoiuld be, not by a long shot. With the de-risking of the pilot plant, E3 should have a market cap similar or greater than their peers. That translates to at least the $10-15 range at this point in their development

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Comment by Yajne on Oct 21, 2023 12:55am

the games of the market...frustrating for retail investors who basically have no defence for the pro's with extremely deep pockets

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Comment by lastpick on Oct 21, 2023 8:59am

Can you share with the board what peers you used for comparison?

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Comment by Greatvac1 on Oct 21, 2023 10:00am

On page 22 of the corporate presentation they make comparison of their value compared to their peers. However the people who have made the most money on the share price recently( and not for the first time) don't care about whether they are undervalued or not just how much money they can make. When I hear undervalued compared to their peers as a bonus to investors I ask who is ...more

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Comment by PuerSimia on Oct 21, 2023 11:17am

Yajne, I think your statement that E3 is undervalued is reasonable. IMO, after last Wednesday's NR, and compared to SLI's Definitive Feasibility Study from this month on their Lanxess project as a reference point. I think the market will price them higher when this news piques the interest of possible partners. Imperial's interest is there, and if they're caught snoozing, I think ...more

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