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Bullboard - Stock Discussion Forum LITHIUM X ENERGY CORP V.LIX

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."

TSXV:LIX - Post Discussion

LITHIUM X ENERGY CORP > Arb? What do you guys think?
View:
Comment by commodityking on Jan 03, 2018 3:49am
Yeah, I got a little taste around $2.45. May buy more if it heads below $2.33. Even if the deal doesn't go through, we still own a Giustra company. To my mind the market is pricing in the risk of the Chinese buyout being quashed by regulators or otherwise falling through. Good luck!
Comment by ch1nmuzak on Jan 03, 2018 7:12pm
And the risk of key shareholders such as AAB ... voting NO ... i believe AAB owns 20%., much more than ownership. So what they think of this offer is actually more important than management. There's a flip / upside scenario here too ... a better offer from one of the real Li players such as SQM or Abermale could surface. This should b a very real possibility. Those few industrial chemical ...more  
Comment by commodityking on Jan 05, 2018 4:49am
Inisghtful comments ch1n. Bought a little more today...LOL
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