Post by
Mackoo on Sep 04, 2017 3:03pm
Private placement
Sam Eskandari took another 50k shares and judging by the finder's fee, it looks like Foremost capital customers took the rest for an average $100k per placee at 25 cents. All things considered, it certainly looks like a combination of shorting and pp shares from last summer would have pushed the price down. I don't see information leakage about results. In fact they know they have lithium based on shallow drilling in the past. It's just a matter of how much and my understanding is that you usually have higher lithium content the deeper you find it.
We should see a NR about the second drill hole being completed this week.
Comment by
DrWealth on Sep 04, 2017 3:45pm
Good post! Investor relations emailed me back saying that they should hopefully have the lithium results of whole one 1st week of Sept. I feel very good about this play.. good luck all
Comment by
GoldCoastCR on Sep 05, 2017 10:13am
Oh DONT FORGET 3.8M Apprx shorted to the bone! TINY FLOAT Im gobbling here. GLTA
Comment by
Mikepal on Sep 05, 2017 1:04pm
what email address did you use? The email on the website (ir@southernlithium.com) doesn't seem to be working...thanks
Comment by
DrWealth on Sep 05, 2017 2:09pm
I emailed Adrian Ansell directly.. he is the backup for Sam
Comment by
Mikepal on Sep 05, 2017 2:17pm
DrWealth - I sent you an email thanks in advance for your reply - MikePal
Comment by
DrWealth on Sep 06, 2017 9:02am
Hi Mike. Did u get a reply ? I hope we get results this week..