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Bullboard - Stock Discussion Forum SOUTHERN LITHIUM CORP V.SNL

Metals & Mining Industrial Metals & Minerals
"Southern Lithium Corp is a resource exploration company. The Company is engaged in acquiring and exploring mineral properties."

TSXV:SNL - Post Discussion

SOUTHERN LITHIUM CORP > 12 cents options explained
View:
Post by bobyback on Sep 18, 2017 9:36pm

12 cents options explained

They had an opportunity to grant options of the lasts days close price and they did it. They cannot buy on the market because news pendings... 

Clives is clear they are getting 80% stake on the claims then sell it to the highest bidders. The profits goes to share holders... GLTA!!

Going ,16 tomorrow!
Comment by GoldCoastCR on Sep 18, 2017 9:46pm
With this news I am even more convinced this is gonna be good. Yup they KNOW the results are GREAT!!    News Imminent for sure.  Pick your day.    1/ PROVE IT 2/ SELL IT Bank it.
Comment by Mackoo on Sep 18, 2017 10:07pm
They have now issued 5.8 million options in the span of 10 days. The stock option plan says the maximum aggregate number at any time is 10% of outstanding shares. Not sure if there is a specific time period attached to this, or if it’s truly at any one time, but they have got to be very close to the maximum of options they can issue. It would make no sense at all to issue them at 12c and 13c ...more  
Comment by GoldCoastCR on Sep 18, 2017 11:34pm
In other words ....  maxed out loaded with massive share count Insiders !!!!  Perfect ! tick tick tick. 
SOUTHERN LITHIUM CORP
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