SOUTHERN LITHIUM CORP V.SNL

I can assume two things....

[bobyback]

The results will be out before october 12... I think they are keeping somes days for the options to be granted to they can improove their cash flow...

[DrWealth]

So i guess they need options to be excersized and sp to go up to pay the one million... was this one million to get the 80 percent option on the cruz prop? Also i think they may have the results in hand..maybe just got them but need time to get the cash...why risk another amendment by oct 12 if results ard dalyed again..we may gdt after hours or monday i think..

[bobyback]

You are right! Clive is a great player lol Monday so collecting the cash next weeks to make the payment ...

[DrWealth]

Looks like sp will have selling pressure this morning as shorts have some more wiggle room.. big asks right now..might be fake..they may try to trigger stop losses...

[supersceptic]

We may only speculate... News may be out by 12th. Not definite, was expected 3 weeks ago. I would not be surprised if there will be another amendment, matter of one phone call and fax. It is likely, that Clive was assured that results will be in a week, but who knows, in Argentina sometimes you have to "greese the wheel" to make anything moving. Amendment is probably smart move by

[GoldCoastCR]

THE TURN IS HAPPENING NOW!  WATCH CLOSELY,  11.5 is gonna look REAL cheap VERY soon.

[Firestorm27]

I agree with you. Results are really the only thing that matters right now. I'd love to see .115 be a thing of the past like everyone else but I don't see much happening till results. Hope everyone makes some dough here. GL

[supersceptic]

Yes. SNL is in strange position now. If result is negative, than well, it would be hard to believe in this company. Although, 2 holes are not definite. Also, how negative it is? 11PPM is different from 120, both are questionable economically, but second give hint that the good grades are somewhere around. If it is 250+ then SNL is ridiculously cheap now. Its best comparison, LBY - we are share

[DrWealth]

Good post...snl is in the north with potential less lithium ppm..lby also has a much larger holding and a clear mission statement to go into production...an actual mangement team...snl is a corp. Name to prove up and sell...i think results will be 300 plus .. i bet average will be 500.. they went deep on the 2 holes

[Budd22]

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