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Bullboard - Stock Discussion Forum Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in... see more

TSXV:ILI - Post Discussion

Imagine Lithium Inc. > Nice Open
View:
Post by woodwise on Nov 29, 2021 10:16am

Nice Open

Now a positive announcement would be icing on the cake. Good Luck All
Comment by lifegoeson on Nov 29, 2021 12:52pm
Woodwise, generally the traders don't play this hard at this high in price, they usually do this type of volume down in the lower penny range. ILI has already traded over 8 M shares and at one point touched $0.28. Good to see the volume. Once the $5M is closed, they will have a lot to play with. Who knows, this could just be a paper blowout to raise money for the PP, or it could be the start ...more  
Comment by woodwise on Nov 29, 2021 3:32pm
I am quite sure the PP has been filled last week or even sooner.
Comment by CommoditiesSupercycle on Nov 29, 2021 2:48pm
Countries like China and car manufacturing companies are freaking out about securing lithium supplies...this isgreat for ILI
Comment by lifegoeson on Nov 29, 2021 4:29pm
ILI traded 11 M shares today, closed at $0.24, sure feels like there is some strong buyers around. Feels like a the financing is getting close.  Of course though a stock with these many shares outstanding, there will always be a lot of selling. I see https://resourceworld.com/ is covering.
Comment by woodwise on Nov 29, 2021 4:35pm
137 million shares isn't a lot. You should check out other junior mining, many are 250 million and lots over 300 million shares out. !37 isn't bad at all.
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