Frontier Lithium Inc V.FL

Brutal, Brutal, No Support Levels, Any Director Change?

[lithomon]

Lostchannel, the Frontier Lithium meltdown continues to shake investors, a rare market event considering the stable approach of the Company.  Bad for recent investors who bought near $4.00, but welcomed by investors now buying-in a larger position, especially for any global Lithium group that has been eyeing the vast high grade Lithium reserves under discovery by Frontier's drills and can now proceed to acquire at far less acquisition cost.

With multiple high grade Lithium deposits of significant value (minimum 2 proven deposits/mines and probably 4), anything could be possible in the shuffle of attempting to maintain management control of this Lithium development region spanning across 20 miles with mineable Lithium reserves for the next 50 plus years.  It could even be an imminent change to the current slate of Director's as typically, with Frontier, share price weakness for numerous sessions (current pattern) often precedes a change to the Company Director's. Or perhaps, some other change of management control is in the works or there is an unexpected illness with key management/investor ownership.

Lostchannel, for instance, on this particular meltdown day for Frontier, FL's share price dropped by over 12%.  Clearly, FL lost some big investor interest for whatever reason.
On the other hand, other companies percentage decline were the following:

CRE has remained very stable over the past few weeks in the $1.30 to $1.40 price range. Down 1% in Wednesday's session. Lithium America's down almost 2%, Piedmont Lithium down 1+ percent, GLO down about 2.5% & high grade Lithium company PMET down about 4%.

At 12% decline in market capitalization in single session, clearly FL is on high alert among investors.

As Lostchannel commented,

Frankly i am surprised at the magnatude of the current sell off, even with good drilling results. Any idea why? i havent compared it to other lithium stocks. Comparable? 

[Raff007]

Always interesting to read from you Lithomon....but would you elaborate on your comment above? It could even be an imminent change to the current slate of Director's as typically, with Frontier, share price weakness for numerous sessions (current pattern) often precedes a change to the Company Director's. Or perhaps, some other change of management control is in the works or

[Buffalo1956]

Just spoke to senior management at Frontier and there are no changes in directors , no change in management control , no illnesses to key management , they are totally focused on getting these deposits to production asap . The stock decline is due solely to the Goldman hit piece on battery material stocks and new , weak shareholders panicking. Anyone who has done 5 minutes of due diligence on

[Jeco1204]

My jaded view on this sees this as a market maker doing what a market maker does...manipulating the lemings to move the needle so the entry point is more profitable for their freinds.  Ugh the rest of us just have to ride the wave or catch their play and capitalize. Some might say that I'm talking BS but honestly I would not be suprised - the fundamentals are real so I'm not going

[Raff007]

well said......do your due diligence on FL