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A nice $1M trading day for IGEX - up over 20% on high volume.
009s/01s the new loading zone, though 009's look mostly done.
Condor Lizard @RussellsHustles
Spain plans to lead the way in European lithium production. With the Serbian Rio Tinto mine being canceled and Germany's one geothermal project still years out, Spain is poised to take their production verticle first.
$IGEX
Spain plans to lead the way in European lithium production. With the Serbian Rio Tinto mine being canceled and Germany's one geothermal project still years out, Spain is poised to take their production verticle first.$IGEX https://t.co/cchZsrZe2H
— Condor Lizard (@RussellsHustles) April 11, 2022
Like I was saying
"Name me another stock that has their acquisitions financed by a friendly (preferred shareholder) ..as to not hurt the share price and shareholders!!!"
Name me another stock that has their acquisitions financed by a friendly (preferred shareholder) ..as to not hurt the share price and shareholders!!! https://t.co/kT7DW2TKbt
— Carjockey2 (@cocomoco1234567) April 11, 2022
looks pretty thin - get yer sub .01's while ya still can
"$IGEX.. IMPORTANT REMINDER for new shareholders... let's not forget what a nice ride we're in for as we have a non dilution clause and a no RS clause.. that's always half the battle... Also a preferred shareholder financing at 2% annum for 7 years..simply unheard of on the OTC"
$IGEX.. IMPORTANT REMINDER for new shareholders... let's not forget what a nice ride we're in for as we have a non dilution clause and a no RS clause.. that's always half the battle... Also a preferred shareholder financing at 2% annum for 7 years..simply unheard of on the OTC
— Carjockey2 (@cocomoco1234567) April 11, 2022
0096 x 0098 - still time to get in under .01... but not much.
Afternoon push
How is the Lithium market doing again?
Oh yeah lol
World of Statistics@stats_feed
Lithium price ($/tonne):
2022: $78,032
2021: $17,000
2020: $6,800
2019: $11,310
2018: $14,660
2017: $12,070
2016: $8,840
2015: $5,110
2014: $4,680
2013: $4,750
2012: $4,450
🔋 Lithium price ($/tonne):
— World of Statistics (@stats_feed) April 8, 2022
2022: $78,032
2021: $17,000
2020: $6,800
2019: $11,310
2018: $14,660
2017: $12,070
2016: $8,840
2015: $5,110
2014: $4,680
2013: $4,750
2012: $4,450
IGEX up nicely since you showed up, nice work lol
Silky 2.0 @SilkLifeMedSpa
Headed to my crib in #puertovallarta $IGEX fam… gotta make sure we are all good for the rager once we hit .075… then to the moon… $IGEX army is long this time… we weeded out all the gimps…. People want $.50 with how #Lithium and #Graphene are going
https://mobile.twitter.com/SilkLifeMedSpa/status/1513517599233085447
Max Hedgeroom@MaxHedgeroom
Lots happening in the world of $IGEX & #lithium at large. Friday was a monster with the shell removal. They can only try to slow this. It can't be contained.
Lots happening in the world of $IGEX & #lithium at large. Friday was a monster with the shell removal. They can only try to slow this. It can't be contained.
— ɯooɹəƃpəɥxɐɯ (@MaxHedgeroom) April 11, 2022
Pinned a "thread thread" to my profile for DD.
Reviewing a 100+ pg report, will post a thread this week.
😎🖖🏻 pic.twitter.com/2ujGDhtReR
yeah, it's "downtrended" from the 002's to the 009's on high volume.
Now it's going to downtrend into the pennies.
That's a great point, second only to your "IGEX is in a downtrending channel" post from a few weeks ago in the .004's and 5's.
$IGEX weekly chart: https://schrts.co/iVjqMSbf
Sar flipped late last week, +di about to cross over the ADX line, other indicators bullish.
Chris Berry, an independent battery metals expert, told Reuters, "The next few years are going to be critical in terms of whether there's enough available lithium supply, and that's why you're starting to see commodity prices start to ramp."
Benchmark forecasts lithium demand to more than triple between 2020 and 2025, rising to a million tonnes by the forecast year and out-pacing supply by 200,000 tonnes.
"Companies across the lithium-ion supply chain are in the best position they've been in for the last 5 years," Reuters quoted Pedro Palandrani of the Global X Lithium & Battery Technology ETF, which has doubled in value in the past year.
Fitch Solutions also expects lithium prices to trend higher this year, and next, due to a combination of accelerating demand for lithium-ion batteries, and tight supply. So far in 2021 prices have rallied, as post-covid demand for the battery metal recovers, alongside the automotive industry.
https://www.kitco.com/commentaries/2021-05-28/The-future-of-US-lithium-supply.html
"Currently trading at a $25 million market valuation IGEX has 4,171,941,731 shares outstanding and recently filed a 10Q showing just $330,000 in total liabilities. IGEX is an exciting story in small caps, as we keep saying, reverse mergers can be more explosive than biotech’s and IGEX certainly has potential here, it’s got a significantly more attractive share structure than either TSNP or HRBR did and its priced cheap here. While management has said they are still going to do a merger they have also acquired a 50,000 sqm (or 538,196 SQ FT) lot located in Jumilla, Spain and acquired the water rights, underground water reservoir, and existing extraction station, including 2 industrial water pumps. IGEX is currently under heavy accumulation and has legions of shareholders and a growing international following. It’s got liquidity, momentum, a low float and a large gap to fill back to $0.0136; a break over and its blue skies ahead for IGEX."
https://microcapdaily.com/the-mineral-company-otcmktsigex-heating-up-as-co-goes-pink-current-closes-land-acquisition-moves-into-lithium-and-graphene-space/
"IGEX filed a second SEC 8-K Form to report the acquisition of water rights over the above referenced lots, underground water reservoir, and existing extraction station, including 2 industrial water pumps for a total of 100,000.00. The transaction was financed by the seller at a 2% interest per annum for a period of 84 months. This transaction was also made possible by one of our preferred shareholders, who is personally guarantying the financing. This acquisition was a strategic and necessary one as water is paramount to lithium and other minerals extraction and production."
https://microcapdaily.com/the-mineral-company-otcmktsigex-heating-up-as-co-goes-pink-current-closes-land-acquisition-moves-into-lithium-and-graphene-space/
The first 8-K was filed on February 2, 2022, to report the acquisition of a a 50,000 sqm (or 538,196 SQ FT) lot located in Jumilla, Spain for a total of 300,000.00 plus approximately an 11% RE tax assessment. The property is worth approximately 980,000 as reported independently by Arquitasa (Sociedad de Tasacin), which has been homologated by Banco de Espaa. The transaction was financed by the Seller, in a 7-year term loan at 2% per annum, guaranteed by one of Igex Preferred Shareholder. The Source of repayment will from revenues generated.
https://microcapdaily.com/the-mineral-company-otcmktsigex-heating-up-as-co-goes-pink-current-closes-land-acquisition-moves-into-lithium-and-graphene-space/
"Reverse mergers can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks that we have covered on this website have gone from pennies to dollars. Two of the biggest recent SPAC runners we reported on were HRBR which we first profiled at $0.26 which is now trading over $2.50 per share and TSNP which we reported on in the triple zeroes before it went to multi dollars.
https://microcapdaily.com/the-mineral-company-otcmktsigex-heating-up-as-co-goes-pink-current-closes-land-acquisition-moves-into-lithium-and-graphene-space/
"Big things are happening at IGEX; the Company recently went into the lithium and grapheme industry acquiring a 50,000 sqm (or 538,196 SQ FT) lot located in Jumilla, Spain and acquiring the water rights, underground water reservoir, and existing extraction station, including 2 industrial water pumps. IGEX also just went back to “pink current” on OTCMarkets, filing a 10Q showing just $330,000 in total liabilities. Currently under heavy accumulation IGEX has legions of shareholders and a growing international following that are looking for a return and eclipse of recent highs and much more."
https://microcapdaily.com/the-mineral-company-otcmktsigex-heating-up-as-co-goes-pink-current-closes-land-acquisition-moves-into-lithium-and-graphene-space/
IGEX powered by twitter investors more than any other platform like ihub etc - I know you have 10's of thousands of followers, this guy Silky has 26K...and many, many others.
Silky 2.0
@SilkLifeMedSpa
$IGEX longs want $.10 + once we see the 3 way merger between this European public Co and the private Co in #Lithium and #graphene … 99% of all other #otc is garbage which is why it’s taken almost a year to complete this merger… skys the limit here for LT hold
DarkArrow@DarkArrowLLC
You look at share structure... & @IGEX_Official has assets pre-merger, merging with 2 established companies, the magnitude of the EV deals going down in Europe & factor a P/E of 20x things could get very interesting $IGEX
You look at share structure (which is ok, though not great without a share redux) & @IGEX_Official has assets pre-merger, merging with 2 established companies, the magnitude of the EV deals going down in Europe & factor a P/E of 20x things could get very interesting $IGEX
— DarkArrow (@DarkArrowLLC) April 7, 2022
"Ask a stupid question...."
Between .10 - .50
It's been a long wait but it's all coming together now.
"Lithium, a critical component of the batteries used in Tesla vehicles, is set to become one of the world’s most important natural resources as manufacturers seek to obtain it for use in batteries for electric cars, computers, and industrial equipment."
https://www.telesurenglish.net/news/elon-musk-confesses-to-lithium-coup-in-bolivia-20200725-0010.html
As they say, a rising tide lifts all boats.
And the Lithium tide is rising, up over 480% in the last year alone.
I smell $$$.
"Elon Musk tweeted Tesla may get into the lithium mining and refining business directly and at scale because the cost of the metal, a key component in manufacturing batteries, has gotten so high.
"Price of lithium has gone to insane levels," Musk tweeted. "There is no shortage of the element itself, as lithium is almost everywhere on Earth, but pace of extraction/refinement is slow."
The Tesla and SpaceX tech boss was responding to a tweet showing the average price of lithium per tonne in the last two decades, which showed a massive increase in prices since 2021. According to Benchmark Mineral Intelligence, the cost of the metal has gone up more than 480% in the last year."
https://www.msn.com/en-us/autos/news/elon-musk-says-tesla-may-have-to-get-into-the-lithium-business-because-costs-are-so-insane/ar-AAW0Vux
Whoops - someone hasn't loaded IGEX yet lol
The confluence of industry need and the exploding price of lithium is one hell of a prologue for IGEX getting into this market. Things could get really exciting around here.
Silky 2.0
@SilkLifeMedSpa
The Elon musk tweet showing the desperate need for lithium could truly send this to $.50 or more once the mergers are completed… end of story… you never know what kind of future deals will be made with $IGEX
The Elon musk tweet showing the desperate need for lithium could truly send this to $.50 or more once the mergers are completed… end of story… you never know what kind of future deals will be made with $IGEX
— Silky 2.0 (@SilkLifeMedSpa) April 9, 2022
Silky 2.0
@SilkLifeMedSpa
$IGEX long is looking great… 3 way merger coming with an established #lithiun and #graphene company seeking to be the largest producer in Southern Europe… its only going up from here imo
$IGEX long is looking great… 3 way merger coming with an established #lithiun and #graphene company seeking to be the largest producer in Southern Europe… its only going up from here imo #OTC
— Silky 2.0 (@SilkLifeMedSpa) April 7, 2022
Gotta figure a few peeps are miffed because either they sold way too early or the bears haven't been able to stop this thing... and my heart just breaks for them.
And the timing for IGEX could not be better
Carjockey2
@cocomoco1234567
$IGEX. .HOW THE HELL(o) DID I MISS THIS!!!!!!!!!!!!!!!!!!!!
Lithium stocks GOING ^^^ ON ELON MUSK TWEET
$IGEX..HOW THE HELL(o) DID I MISS THIS!!!!!!!!!!!!!!!!!!!!
— Carjockey2 (@cocomoco1234567) April 8, 2022
Lithium stocks GOING ^^^ ON ELON MUSK TWEET https://t.co/dajrMMH4Tk
This guy has around 30K followers...Hercules Singh
Replying to
@DMlnvestor
$IGEX:
this is a top pick in the OTC land.
Copper land is next week.
multi pennies with the merger news.
https://twitter.com/claydeath1/status/1512619109946695687
Is the timing for IGEX to enter the Lithium mining space any good?
lolzzzz
World of Statistics@stats_feed
Lithium price ($/tonne):
2022: $78,032
2021: $17,000
2020: $6,800
2019: $11,310
2018: $14,660
2017: $12,070
2016: $8,840
2015: $5,110
2014: $4,680
2013: $4,750
2012: $4,450
🔋 Lithium price ($/tonne):
— World of Statistics (@stats_feed) April 8, 2022
2022: $78,032
2021: $17,000
2020: $6,800
2019: $11,310
2018: $14,660
2017: $12,070
2016: $8,840
2015: $5,110
2014: $4,680
2013: $4,750
2012: $4,450
Elon Musk@elonmusk
Replying to @stats_feed
Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve.
There is no shortage of the element itself, as lithium is almost everywhere on Earth, but pace of extraction/refinement is slow.
Price of lithium has gone to insane levels! Tesla might actually have to get into the mining & refining directly at scale, unless costs improve.
— Elon Musk (@elonmusk) April 8, 2022
There is no shortage of the element itself, as lithium is almost everywhere on Earth, but pace of extraction/refinement is slow.
The last IGEX quarterly statement has the float under 900M, vs. OTC Markets 1.1B
no idea when merger hits but who wants to chance going into Monday without being loaded up... PH should get interesting.
lolzzzzzzzzzzzzz
Silky 2.0
@SilkLifeMedSpa
$IGEX longs want $.10 + once we see the 3 way merger between this European public Co and the private Co in #Lithium and #graphene … 99% of all other #otc is garbage which is why it’s taken almost a year to complete this merger… skys the limit here for LT hold
$IGEX longs want $.10 + once we see the 3 way merger between this European public Co and the private Co in #Lithium and #graphene … 99% of all other #otc is garbage which is why it’s taken almost a year to complete this merger… skys the limit here for LT hold
— Silky 2.0 (@SilkLifeMedSpa) April 8, 2022
I hear ya - my own opinion is anything under .01 will look great soon enough.