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Jay Chmelauskas, President and CEO, is a confirmed speaker at the event (PDAC Convention). His presentation will take place at 3:20 PM on Tuesday, March 3, 2015 in room 802, South Building, Metro Toronto Convention Centre, 222 Bremner Blvd, Toronto, ON.
What's he gona say?
Any specialty drilling mud sales numbers or partnership stuff?
GLTA!
Prospectors & Developers Association of Canada – PDAC 2015
Sunday, March 1 – Wednesday, March 4, 2015 – Toronto, Ontario, Canada
Western Lithium Corporation is pleased to participate this four-day annual Convention holding in Toronto, Canada. The PDAC Convention has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry. In addition to meeting us and over 1,000 other exhibitors from over 100 countries, it allows you the opportunity to attend technical sessions, short courses as well as social and networking events.
PDAC 2015 Information Page: http://www.pdac.ca/convention
Western Lithium Produces First High Purity Lithium in Germany Tuesday 02/24/2015 07:00 AM ET
- MarketWire via Dow Jones News
Western Lithium Produces First High Purity Lithium in Germany RENO, NEVADA--(Marketwired - Feb 24, 2015) - Western Lithium USA Corporation ("Western Lithium", the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that it has produced 99.8% high quality lithium carbonate in its first trial run while commissioning its demonstration plant in Germany. The Company has previously tested its high purity lithium product in battery tests with Argonne National Laboratory, a leading lithium-ion battery laboratory in the United States, that demonstrated satisfactory performance in cycle testing of lithium-ion battery cells (see news release April 16, 2012). Initial results regarding its demonstration plant indicate that lithium extraction and brine concentration are in line with design parameters established in the Company's NI 43-101 Technical Report filed May 9, 2014. Western Lithium intends to be a new supplier of lithium for the lithium-ion battery market that is experiencing strong growth from electrified vehicles, energy storage applications and consumer electronics.
Permitting and engineering work is planned to accelerate in 2015 based on current discussions with several strategic partners that have indicated interest to partner with the Company.
I liked that part so I highlighted it.
Are we being slowplayed or we going to break above this this downtrend resistance level? I'm feeling pretty good about the short time to the next news item, Go ELTP!
99.8% high quality lithium carbonate
I missed the show you are referring to. What was it all about?
I noticed that Mr. Science has devoted shows to time travel and speed of light experiments utilizing chocolate and microwaves.
It would be nice just to go ahead in time and see how this investment pans out, although I am not willing to look like a chocolate bar bombarded by microwaves to do this.
Sure, hire the Doctor into IR to do PR. Someone who can get a little more harumph! out of the photo opps. For example, blinding lithium powered lasers and blasting fireworks in the background during photos or interviews.
Early volume today? Just stopped in to say hello to everyone.
Well congrats xanadu and GLTu. Like to see more posting activity on this board. I like IH better for quality posting vs other boards.
Tight fisted longs like me are definitely out there waiting for a recoup. I am always ready for a Mother of all short squeezer. So far I can only garner by the 3 day is there some leaking or anticipation of good news coming out at this Quarter report? Been waiting for FDA action or etc. with all u guys for awhile now, GLTA.
Yes positive. IMO
Dunphy! He is clairvoyant! Good catch
I'm sure If Tesla wants it, it will happen. They will "assist" little WLCDF. Don't you think Tesla's pull with the State of Nevada will speed things up?
Tesla report was lackluster but the Tesla groupies are now even crazier about Elon and his wild (You've got to spend lots of money to make things happen) strategy.
Well that close today was just fantastic! Off to the nearest Bar!
So we are getting more volume and a bear raid today? News coming about Organoclay / Lithium ???
I'm starting to think this TEVA connection is now the best possibility for us. I'm surprised they would announce they are going to shopping mode when it could really drive up the price of their perspective acquisitions. Also, the fact that the FDA could announce some good IPCI news anytime has to make any deal for IPCI prudent- unless they have already agreed upon a deal(s) in advance. Then I would guess the TEVA news release about acquisitions is to get their share price up.
I like your thinking, if it were to happen before the Q report makes perfect sense.
Maybe they just keep it in the CFO back pocket, if nothing else materializes first......
It's all rigged sounds like someone trying to imply they like to play devil's advocate on the message boards? My brain is spinning. I'm in both companies also. Biggest reason I am here (with both) because of the shear numbers of drug candidates sitting in their respective pipelines.
I cannot expertly differentiate between the two resistant technologies as this becomes very scientific, I'm sure they both work and both have promise going forward. The reason I have recently (re) invested in ELTP also was on the recent dip @ .20 and the chart of last year's move up, also knowing the company and story from being a previous investor. So, now I own both.
I have owned and held IPCI for a long while and even though they are aligned with PAR, I also owned AVNR simultaneously which had a big scrap with PAR in court over patent issues, but I still held both. Now my AVNR was acquired (and it was only a one trick pony). Sorry If I could not satisfy your query exactly. GLTA HB
The posting frequency has really increased.
The GERMANS! That was one of the reasons that I was convinced this thing was going to work all along, Hell! They took us to the Moon once before! The GERMANS are now eliminating their Nuclear power plants and are becoming " Big on Green ".
So naturally I happily drink their beer and eat their sausage. Soon many will be consumers of the lithium manufactured by their methods proven for the WLCDF mine.
Here's to the German people, scientists and engineers for being part of this project. Thanks again to the GERMANS! (Especially the Bavarians)
Prosit- So verrostet Ihre Gurke nicht.
Let's see what happens tomorrow. Looks like if we break .33 / ,34 w / volume it could go a little or a lot higher, .36? / .38? / .45?....... I'm happy we are finally breaking above the downtrend that started end of June. Is this all about the upcoming CC? GLTA.
Thanks for your input. HB
Waiting patiently here after we get a good press release, seems we could use some more detail............Perhaps the buying will perk into the close. GLTA.
There was a big cross / buy looks like this is getting ready to go go.
Someone wanted to buy up IPCI after shaking the tree Friday. May be they are done may be they are still out there RTB. We shall see........
Oh well pretty good close nevertheless.
Well it's been awhile since this stock held a gain like his so I am going to go out on a limb and say one more big VOL buy into the close With close # @ the high of the day. GLTA. :)
Don't want to say it but maybe company trading some new shares (big round numbered blocks selling off)for cash or may be someone wants us to think this is what is happening? I need this to go the other direction twice as fast for a Dollar to my B/E.
big lots up for sale still @ 2.......
A dilute or a bear raid?
Definitely different than the usual slow controlled pace.
Anyone have a "adding here" price in mind?
Great pic! I was looking at some lighting fixture ideas tonight at humme deput but the light bulbs are now firkin 20 dollars each. I want the old .75 cent light bulbs! I do not want to buy a light bulb that has a longer life expectancy than I do. If the stock hits your mark, I expect you to repost that flashing bulb and the screaming buy signal.
Sooooo stupid! The new light bulbs use 1/2 the energy but are half as bright as the old ones.....DUH!
So a couple things I am thinking here:
1. It's been a long hard wait, we are overdue.
2. Market / chart seems to be predicting nothing will be announced before an also lackluster quarter report. (BUT)
3. Is the upcoming Quarter result by itself going to be that bad or will there be smaller loss / profit / surprise to offset the threat of dilution?
3. If longs are selling why now? It doesn't make sense to sell now unless you've decided nothing could happen for a month and you can rebuy much lower.
4. How much lower can it go? Two Dollars? More? It does not seem that waiting for the 30 day wash rule for only .15 cents is worth it. Maybe if you reasoned it was going back to pre Focalin levels before news hits but that might be 60 or 90 days at the current pace. If it did go there I would be forced to double down and wait some more.
5. If Longs are not selling and with the low volume, I would argue the PPS is continuously manipulated by those MMs who aren't affected by a wash rule and just want to accumulate and average their PPS average down before news.
6. If this Penna fellow is all that he is touted to be, why join a failing company? I'm thinking he either offered or was enticed to join IPCI to speed up and streamline the approval process and work with the FDA to get some approvals along with some big incentives to move up some current projects quickly. I'm sure the company is working really hard to make something happen before the quarter report.
GLTA.
Chart looked different today for some reason............
Thanks for the short tool.
Before the reply? I would like to add that part of what I think is going to happen is already beginning to happen. Falling oil prices because of supply would of course "in a normal real World" would severely depress this stock and it has, IMO. But because of the socialist "We are the world" mantra along with clean Earth and Green movements/agreements/treaties well under way, our Government will regulate our newfound windfall of fossil fuel energy by imposing unprecedented use taxes they will use to subsidize and promote green technologies like Lithium battery powered vehicles. They will offer rebates on electric powered cars, they will offer exclusive lanes on the highway to drive on, they will offer free charging stations, they will offer deductible interest financing on green projects and green vehicles. All to be paid for by the evil carbon consuming public. See what deals are made in the Senate to get swing votes needed to get a pipeline and other projects. The industrialists know they need cheap energy so they will push for tax break incentives for themselves by offering unprecedented new employment opportunities for Americans in return (similar to the 1900's industrial revolution). The lefties will continue to tax the working public and use the energy tax revenue to provide everything the people who don't / can't work will need. A strategy might even include subsidizing the frackers to produce more oil to create a bigger tax revenue from the carbon users. The conservatives will also be pushing for a homeland energy strategy to cut off money flowing to the middle east.
If we don't blow ourselves up in the process of these major shifts, eventually everyone will have a battery powered car in the driveway, IMHO, GLTA. HB.
Elon Musk
So Bill u expect a buyout not partnership?
Billjet it's all very very interesting. So who is Musk?
Thanks for all the info Bud. I have been eyeballing this Company (see notes) for a few hours today and have found much confidence in it. The Hectatone site very nice.
The graphs on the additives for drilling are telling and show the performance compared to next best competitor product offering. WLCDF Hectatone products outperform. So there seems to be cost cutting incentives that drillers would have to consider when buying additives.
Notes:
News Article.
Exclusive: Red Kite in rare winning streak for physical commodity fund.
Website:
http://rkminefinance.com/transactions.aspx
My take from Schedule "D":
The SP paid and warrant prices set for RK tend to support the share price if you believe RK knows what they are doing. Given the timeframe of the deal and expiry date of the warrants one could expect things to ramp up soon? IMO.
Right. So we wait maybe up to two weeks for lithium result? As far as I can recall, The Company never said anything about stock dilution to finance the plant in Nevada. It's always been about the partnership angle for me. You have to assume it's going to be TESLA because of proximity and they will want first rights to the lithium IMO. So I'm thinking they or their banking buddies will deep pocket the plant startup and I'm imagining a win / win scenario for both corporations. Tesla would bring the grease to many aspects of the lithium project development including expedited permitting for WLCDF facilities. Otherwise if we have to take a long hard road to production, they pay full market price.