LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

Bearing_pps_has clawed its way back up to_31_times_LIEG_pps.

Bearing often takes reports/PR/updates from the real strongman-in-this-deal LPI and "massages" them to obfuscate/downplay the heartbreaks and failings WE (at LIEG) are suffering. As seen in today's light it turns out that LPI is the actual partner putting the deal together with Veolia and GEA... Bearing is just sitting on the sidelines watching, pretending to be in charge of something (in charge of what who knows) and making sure their Gucci loafers don't get dirty.
http://www.abnnewswire.net/press/en/88735/Lithium-Power-International-Ltd-%28ASX-LPI%29-Maricunga-Lithium-Brine-Project-Process-Testing-Update-88735.html

In the LPI-authored update I draw the reader's (ie the LIEG shareholder reader) attention to paragraph 9 and LPI announcement that the previously promised May 2017 guidance is being delayed waiting on porosity results from the USA lab blah-blah-blah yada yada. Is "porosity results" the new euphemistic code word for the November Chilean Presidential Election? Could LPI be shrewdly waiting to see which way the wind is going to blow in Chile after the election? Is it going to blow left or blow right?

Bearing took this same LPI announcement and airbrushed out the mention that LPI's May 2017 Guidance was being delayed presumably so as not to freak us in-the-dark mushroom LIEG shareholders and instead served us this pablum guidance saying "we are pleased with the progress to date on our development timeline". Everything is La-La rosy-rosy peachy-keen in Bearing Land. Bah humbug! I say. See "reworked" paragraph 3 in the Bearing statement.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2019-tsx-venture/brz/33316-bearing-lithium-provides-maricunga-process-testing-update.html

The lesson here is that you LIEG shareholders are nothing more than stupid insipid children in Bearing's eyes and you need not hear the ACTUAL NEWLY REVISED TIMELINE based on real world disruptions/delays/cautionary hiccups in the Phase 2 Timeline (which is now clearly real world delayed).

Thank goodness we can get updates from LPI... if we shareholders had to rely on Bearing for our progress reports we would indeed be rendered stupid insipid children.

Jeremy, you say you look forward to seeing the May 2017 Guidance by the end of this quarter. The end of this quarter is June 30 (16 days from now) and we all know that ain't gonna' happen. You need to get out ahead of this operation and be the Big Red Engine on the railroad track... not continually be playing catch-up caboose. No one (outside of Vancouver) wants to follow the brown caboose.

The Doctor