Obviously nobody wants news that drilling found no Li. But, they already knew that it had less Li in that area.
Hopefully phase 3 offers a more positive spin. If anything, buying opp here.
Given the fact that this is the HMGLF message board and not the LIXXF message board I will do all the bad mouthing of LIXXF or any other stock I want. If you have some viable proof of how much better the stock is vs. HMGLF we all would appreciate your evidence. Otherwise, take a hike.
Why would anyone want to own LIXXF? A former auto recycling company now wants to get into the lithium market. Do they even have a location? No thank you!!!!
For the most part, the deal is baked into the price already. Which is why there is a new 52 wk low every single day. WDC may get a final washout prior to bottoming. Whether or not this is a good long term buying point. Could have a nice 25%+ rally second half of year.
Sentiment: Strong Buy
May acquire another through debt financing to help. May sell itself to another too. Tough to estimate exactly where it will come from. Maybe special series financing through private unrelated to the stock.