Wow, so I guess there isn't much faith in lithium brine exploration. The demand might not be there, and this company still isn't an inch closer to a 43-101. Anyone else think it might be over for AMEL?
I don't think it's over but it's time for the company to make some kind of deal- a partial buy out, partnership, whatever. They have to announce they have some outside money comign into the business. They won't be able to finance activities with stock sales at this level. The limited liquidation of the past week by whomevever brought on this new low so any concerted effort to move stock by the company will be even more deadly. GLTA
When I look at the broad spectrum of lithium producers and exploration projects, I hope I am seeing a bottom. I'm concerned the contracting growth in the EU will flat line 90% of commodities this year. It is looking like lithium demand will not reach its true potential until 2015 when the most important climate policies are decided. I just hope these renewable stocks find a bottom somewhere.