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Bullboard - Stock Discussion Forum Lithium Ionic Corp V.LTH

Alternate Symbol(s):  LTHCF

Lithium Ionic Corp. is a Canadian mining company. The Company is engaged exploring and developing its lithium properties in Brazil. Its flagship Itinga and Salinas projects cover 14,182 hectares in the northeastern part of Minas Gerais state. The Itinga project is situated approximately 25 kilometers (km) east of the town of Aracuai and approximately 594 km northeast of Belo Horizonte in Minas... see more

TSXV:LTH - Post Discussion

Lithium Ionic Corp > Tanking
View:
Post by lane4147 on Nov 10, 2023 2:17pm

Tanking

Perhaps someone more knowledgeable then myself could explain why the SP is heading south. Are they setting up for a PP or is there something more sinister at play here. I have thought the news releases were on the positive side regarding the potential assets of the mine.
 Thanks in advance
Cheers 
 Robert
Comment by JonnhyRotten on Nov 10, 2023 2:56pm
Yes it is a little odd here. I'm from OZ and a similar sector wide theme is happening. Although I bought a few today @$1.35 and will continue to buy. LTH is a very similar story to LRS in terms of project location (PEA stage), but LTH is valued less so I'm backing the theory there is more upside  for LTH on a relative basis than LRS.
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