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Bullboard - Stock Discussion Forum Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its... see more

TSXV:LCE - Post Discussion

Century Lithium Corp > We are being held down....
View:
Post by LithiumFuture on Feb 22, 2021 8:08am

We are being held down....

I understand the frustration And yes, there's room for some games here but that will stop shortly after the PP closes March 3 or earlier (it can be moved up).

First, the the Bought Deal closes and the SP takes a leg up. Then with $$$ in the bank, the pilot plant happens very soon after.
Once the pilot plant proves that we can get battery grade lithium out of CLAY on a commercial scale, look out and fasten your seatbelts.

With Dr. Bill at the helm, I believe it’s all planned and he’s just waiting to pull that trigger. All is good IMHO. Patience
Comment by yakattack on Feb 22, 2021 9:47am
Who is to say that proving clay production via pilot is going to move the needle? We have had a wack of news that should have moved the needle much higher already, but we sit multiples lower of projects at PEA stages with resource sizes 1/5 - 1/10th the size. 7 CAD for peer avg give or take, and it should be now.
Comment by desertbarnacle on Feb 22, 2021 10:11pm
Spot on Yak, The pilot plant is not what is in play here, they never are.  The lithium can be extracted, by the current ideas or those to come from on going research.  That is not a question that the big money is likely to spend much thinking on, to the extent that the final best recovery methods are still being arrived at.  They will be arrived at in due course, maybe we can all ...more  
Comment by yakattack on Feb 23, 2021 9:15am
"Already the worlds biggest lithium supplier, the Charlotte, North Carolina-based company will allocate about 90%, or $1.35 billion, of a bigger-than-planned capital raise to expand operations in Chile and Australia and processing plants in China, Chief Executive Officer Kent Masters said." Well... Unless they do another raise soon...
Comment by yakattack on Feb 23, 2021 10:07am
Tesla has some 19 billion in cash and they plunk down 1.5 on Bitcoin instead of securing local supply. Cool.