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Wow! Just 6,000 shares traded and we are now at .035. And that is with the bid and ask both in the .04 plus range.
This one looks like it's getting it's legs back after the up to date filing and additional announced contracts. I've been in this one for a while and added more last week. I feel good about this one.
After further review I see that this is about the distribution. I also see that these supposed SEC violations were filed during the Obama administrations rule. The Obama Administration did the same thing to hundreds if not thousands of companies in one way or another and then recommended that these companies hire and partner with liberal run organizations if they wanted the charges to go away, but not before paying fines and penalties of course.
Renee Just curious, but why did you post some SEC action that is several years old?
'bthomason27' "Short Term" - Ref. "GE"
bthomason27 - I stated that I knew nothing about this stock other than my observation of the share price movements??? I also stated that it may very well be a scam of some kind. Although, with the share price currently moving up with little volume I do not see any heavy dilution taking place. I've seen scams sit and trade millions of shares for weeks and months with the share price staying the same, while this one's Ask or Bid moves up on a single small trade. Furthermore, and because of this fact I added to my position yesterday and from what I've seen so far I'm not worried. It's a penny stock and in my opinion they are all high risk, because in truth you never truly know what you are invested in. Although, if the truth be known, I feel better about a short term investment in this stock than I do in a company like GE.
Yea,the board did a coup on the founder and the company destroying the share price right when it was taking off. Now they plan on creating debt, selling off the company assets, while at the same time diluting the share structure in order to pay themselves nice salaries. After all of that if the share price ever does recover they've guaranteed themselves cheap shares with no restrictions.
First off, I know little to nothing about this stock. In fact I don't even remember how I found out about it before I bought a small amount of shares just to keep an eye on it purely out of curiosity after seeing it's chart showing the very large prior swings in share price. That being said, I noticed the move today in my portfolio and came to this board to try and gain a little more perspective and where I hear some say that they believe it is a pump and dump. Well, it may very well be, but I have never seen a penny stock that is a pump and dump move up a couple hundred percent on just a few hundred thousand shares of trading and especially when its's at this low of a share price. That plus the MM's move the ASK up on just a 2,500 share trade telling me that they don't have a bucket load of shares if any extra shares. Plus, the ASK/BID isn't gaped out more than One Cent either. Instead this stock seems and acts just like a stock that has a real low float and not one where shares are being dumped into the market. JMHO
I found it about the same way. I jumped in last week and have been adding daily so far. The more I look into WATT the more I like it. GLTA
I tried to buy some shares near the end of the day and I only got 200 shares of my order filled before they bumped the ASK up .05 a share on me.
The NT-10K is the form you file requesting an extension for filing
the 10-K and it should be filed no later than the day after the 10-K filing deadline, but it's better if you file it ahead of the deadline IMHO As for myself these things happen especially when their are major material things taking place within the company right at the time of filing. I'm not worried about a 15 day extension. People and businesses do it all the time. I would rather them file correctly them to rush and file incorrectly.
Read my post again. I stated that OTC stocks traded on "potential" not multiples.
This stock has everything going for it with the exception of possible Federal intervention. People, it's already made a home run and it's only the first inning IMHO. All this wasted bandwidth about shorts and preferred shares that have a 36 month lock on them if converted is a waste of everyone's time. As long as the company keeps doing everything they say they are going to do and they are so far. Then the sky is the limit for something with this share structure. All IMHO
Is it Monday yet! LOL
I doubt this will open Monday below $3
It's a shame this stock has been being Naked Shorted for months now. If not it is no telling where the share price might be.
https://www.nasdaqtrader.com/trader.aspx?id=RegSHOThreshold
The Democrats could have passed the H.R. 1227 Bill in just one week, but deliberately didn't. Another carrot being hung in front of the naive sheep in order to drum up campaign donations.
Feds say they are going to start enforcing the rule of law that Obama let slide so he could get huge donations from the cannabis industry without actually doing anything for the industry.
It surely is smoking today!
This one looks like it might be on the launch pad.
Company sure is throwing some big numbers around. I now have a small position here. Hope it all comes to fruition. GLTA
Strong stock
It just came across my radar. I don't hold any of it yet.
I bought and added more shares all the way down today. This company has too many things in progress to ignore the possibilities. JMHO GLTA
That's the Billion dollar question yet to be answered.
Volume is picking up. This little Company seems to have a lot of irons in the fire these days. This companies products / instruments / systems are intriguing if nothing else.
I guess I spoke to soon. Looks like LTUM is being walked back down by the MM's.
Still in be patient mode.
LTUM has held up well since the run up. So far anyhow. Thanks for posting the technical charts.
Maybe it will make a big move up like LTUM did last week.
Thanks, When I clicked on the link for the news it left out the October news and I missed the sidebar link for some reason. IMO the Oct PR raising the percentages of Rare Earth Metals is very good news.
I posted what I believe to be the latest official news from LTUM as per their website.
http://www.lithiumcorporation.com/company-news/
EXTENDED HOURS:
Last: 0.290 Change: +0.0108 (+3.87%) Bid: -- -- Ask: -- -- Extended Hours:
Real Time Extended Hours Quote Last Trade as of 4:05 PM ET 11/19/17
Last Price Today’s Change Bid (Size) Ask (Size) Day’s Range Volume Trade
0.2792 +0.1188 (+74.06%)
That's not the last news to come out of LTUM??? This is:
Elko, NV – Aug 10, 2017 – Lithium Corporation [OTCQB – LTUM] “(the Company”) is pleased to announce that it has received preliminary assays from its BC Tantalum-Niobium project. Work has primarily focused on the Yeehaw prospect where due to it being geologically similar, and logistically superior, the knowledge that can be gained fairly easily there can then be applied to the Michael prospect, making systematical exploration of that claim block considerably easier.
Rock sampling at Yeehaw has indicated that the Coryell Syenitic intrusive host rock is considerably “charged up” with values of Niobium (as high as 111.78 ppm), Tantalum (as high as 7.8 ppm), Lithium (as high as 48.4 ppm), and Cerium (as high as 324 ppm), among other notable elements all considerably anomalous. Of special interest – all samples of this Eocene aged intrusive were anomalous in Rare Earth Elements (REE’s), with Total Rare Earth Oxides (TREO’s) averaging over 0.5% from the samples taken from the intrusive rock which underlies the majority of the Company’s claim blocks in the area. This is notable due to the economic value of these elements, for instance Neodymium Oxide – which is present on the property (average of all samples in intrusive 88 ppm) was priced at $38,637 – $39,389 per metric tonne in July of 2016 FOB China. Presently China enjoys an almost total monopoly on Rare Earth production, and any new economically feasible deposit of these elements that are critical for tech and defense applications in North America would find a ready market for its output.
Work has been suspended here due to the fire bans enacted by the Ministry of Forests of British Columbia, where more than a million acres of forest lands have been consumed by fire this season, and a number of fires continue to burn. The Company is looking forward to cooler temperatures and is hopeful for a bit of rain so that we can continue to explore these exciting prospects.
As outlined in earlier press releases, the Company has the option to earn a 100% interest in three separate claim blocks under the terms of the March 31, 2017 agreement between Lithium Corporation and Bormal Resources Inc.
About Lithium Corporation
Lithium Corporation is an exploration company based in Nevada devoted to the exploration for energy storage related resources throughout North America, looking to capitalize on opportunities within the ever expanding next generation energy storage markets. The Company maintains a strategic alliance with Altura Mining, an ASX listed natural resource development company that recently announced it has secured $110 million in project financing, and is currently developing its 100% owned world-class Pilgangoora lithium pegmatite property in Western Australia.
Contact Info
Tom Lewis, CEO
Lithium Corporation
775-410-2206
info@lithiumcorporation.com
Notice Regarding Forward-Looking Statements
This current report contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of minerals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Those companies you posted are pumping out several PRs a month yet their share price is dropping. This while LTUM hasn't even been posting PRs to the News wire and has been only posting news events to their website. Furthermore, I never heard of the companies you posted before today and didn't invest in LTUM because of any mistaken PR that you are supposedly referring too from them. GLTA
I think you are the one that is confused and don't know what company you are invested in. JMHO
Yea, This one is interesting. I bought a little as a lotto ticket as well. It's some what like another one I own ASLM. And yes, the share price movements are interesting as well. Hopefully, something good is in the works.
It's the whole Lithium industry and I'm invested across the board in them. Here is the latest company news from the company website.
Elko, NV – Aug 10, 2017 – Lithium Corporation [OTCQB – LTUM] “(the Company”) is pleased to announce that it has received preliminary assays from its BC Tantalum-Niobium project. Work has primarily focused on the Yeehaw prospect where due to it being geologically similar, and logistically superior, the knowledge that can be gained fairly easily there can then be applied to the Michael prospect, making systematical exploration of that claim block considerably easier.
Rock sampling at Yeehaw has indicated that the Coryell Syenitic intrusive host rock is considerably “charged up” with values of Niobium (as high as 111.78 ppm), Tantalum (as high as 7.8 ppm), Lithium (as high as 48.4 ppm), and Cerium (as high as 324 ppm), among other notable elements all considerably anomalous. Of special interest – all samples of this Eocene aged intrusive were anomalous in Rare Earth Elements (REE’s), with Total Rare Earth Oxides (TREO’s) averaging over 0.5% from the samples taken from the intrusive rock which underlies the majority of the Company’s claim blocks in the area. This is notable due to the economic value of these elements, for instance Neodymium Oxide – which is present on the property (average of all samples in intrusive 88 ppm) was priced at $38,637 – $39,389 per metric tonne in July of 2016 FOB China. Presently China enjoys an almost total monopoly on Rare Earth production, and any new economically feasible deposit of these elements that are critical for tech and defense applications in North America would find a ready market for its output.
Work has been suspended here due to the fire bans enacted by the Ministry of Forests of British Columbia, where more than a million acres of forest lands have been consumed by fire this season, and a number of fires continue to burn. The Company is looking forward to cooler temperatures and is hopeful for a bit of rain so that we can continue to explore these exciting prospects.
As outlined in earlier press releases, the Company has the option to earn a 100% interest in three separate claim blocks under the terms of the March 31, 2017 agreement between Lithium Corporation and Bormal Resources Inc.
About Lithium Corporation
Lithium Corporation is an exploration company based in Nevada devoted to the exploration for energy storage related resources throughout North America, looking to capitalize on opportunities within the ever expanding next generation energy storage markets. The Company maintains a strategic alliance with Altura Mining, an ASX listed natural resource development company that recently announced it has secured $110 million in project financing, and is currently developing its 100% owned world-class Pilgangoora lithium pegmatite property in Western Australia.
Contact Info
Tom Lewis, CEO
Lithium Corporation
775-410-2206
info@lithiumcorporation.com
Notice Regarding Forward-Looking Statements
This current report contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of minerals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
This one is looking stronger. Seems to be getting it's legs and it's beginning to walk up.
LOL Still waiting for the paint to dry.