LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

DR. V why is PPS up today_with low volume ? Last I checked_16%_up.

Caj025, my guess would be that over the past 3 weeks nearly all the small volume LIEG shareholders have been shaken out of their positions by the little precocious junior day traders from Hong Kong and Shanghai working on behalf of some lithium conglomerate perhaps like CATL or maybe Ganfeng. These marginally financed, on-the-come kids are working on a shoestring budget and are buying & selling small numbers of shares back and forth to each other at artificial low prices well under the $.037 "rah-rah good news" pps set 2 weeks ago which now feels like the more true basement price. A $.037pps for LIEG is about 50% of what this stock is in theory worth (for gut-level-flying, numbers-avoidance traders) based on the 574,000mt of lithium carbonate 2 years out from export to BYD/LG-Chem/China/Tesla/etal (Click Here for analysis)
At this point in time everyone who is just semi-well-informed wants to be trading at 50% value of the stock until some big prestige player either buys NewCo or makes a huge investment in us which would turn LPI overnight into a "real" bonafide hands on miner. Right now LPI sounds a bit like a squeaky clean lily white college educated geologist who has never dirtied his hands in the field. Contributing to the image problem Beering sounds like a bunch of frat boys who might not even be sure where the field is located.

To the 2000 (est) less than 50,000 shares LIEG stockholders the upcoming 31 to 1 merger with Bearing sounded a lot like a reverse split which sent a lightening bolt of fear up their delicate sensitive spines, most of them have already bailed out when we went over $.030
They took a myopic small profit and ran as we are now in the "boring-snooze" phase of this project. Those scaredy cats are gone now so there are no more small number trades left to make which would drive our market up/down. Only the big boys (over 1M shares) are left now and they know this is a money maker but it needs time. They are flat out not trading now hence the reason for the low volume. The kids in China have beat the price down to a satisfactory point for their masters to use during their negotiations with NewCo/LIEG/MSB as they argue we "aren't worth a tin pot" so there is no need to move the pps one way or another now. We are currently dead in the lake just treading water without any stimulus now as the PDAC 2017 Conference has just begun in Toronto commanding the attention of all our NewCo executives who are making a high-powered well-polished marketing push on NewCo to the attendees.

All the get-rich-quick dreamers and all the big shooters in the mining industry are in Toronto March 5-8 listening to the sales pitches from all the miners as they describe the ideal perfect mother lodes (like ours in Chile). All those get-rich-quick dreamers and the big shooters have suspended their buying & selling of stock until after March 8 and until after they can digest what they just heard/saw in Toronto. Thus the reason you don't see much of anything going on here today... although I just saw a cutesy wutesy little 130,000 share buy execute here at 3:05PM

I suspect on March 9 we will see our pps back up to $.035 where it will hover until March 12 during the middle of the March 10-16 NYC/Boston Institutional Investor Roadshow when the REAL investors show up and start making some serious stock buys. LPI will be at this March 10-16 event and you can bet all the Chinese institutions will be on them like stink beetles on sheet. If someone leaks the guess-ti-mate/projection we have 1,000,000mt of inferred LCE during the NYC/Boston show then it is logical to make a rough guess that we are worth $.127pps and if the rule holds that traders with only semi-well-informed opinions of LIEG want to buy in (esp on new rising emotions) then they will gravitate to a 50% discount or $.064 price per share March 12-ish I would estimate.

The Doctor