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Re: None

Friday, 03/11/2011 4:38:47 PM

Friday, March 11, 2011 4:38:47 PM

Post# of 65
CLQ is on the TSX (TO Toronto) and not anymore on the TSX Venture.
In the year since last post, CLQ has raised funds to start a Lithium mine (QC) and the plan was to be in production by end of next year. Construction to start in May.
The shares reached over $2.00 but recently, Canada Lithium announced a revision of the 43-101 which might show less content than expected, meaning that the mine life could be shorter than 14 years.

Shares dropped by half on the news and seem to have stabilized around .80 to .85.
CLQ has a few neighbors also with proven Lithium.

Worth a check next week as the result of that revision should be ready.

As ever, due diligence...

g.p.

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