Bearing Lithium Corp. (fka BLILF)

[Dr_Vonschellan]

It's_over. Julio_Ponce Lost...Ms Tianqi_does_not need_us (for_Plan_B)_now
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We're in the deep sheet now. Tianqi does not need to buy MSB (and/or WML, LTMCF) under their last-resort morning-after Plan B... the Chinese "burrowed Canadian-style" right under Julio Ponce's skin and into the powerhouse SQM. President Xi Jinping will be running things top to bottom (including pricing) from now on. And for us poor amigos we have no other sugar daddy/mamma lined up waiting in the wings to buy us.

Given our ineffectual management team and our deckless toothless postpone-prone plan to mine lithium in Chile we should be totally out of the green stuff soon and as desperate/useless/feckless as our Ozzie JV partner.

Oh well, that's the way the cookie crumbles. LPI will probably drop another 10% on Friday... then our turn will come as the market swings into our time zone. If the whole industry was doing good or at least treading water I would write there is hope for us, but the bellwether Livent (LTHM) IPO which opened at $17.00 a week ago is firmly in the toilet at $15.20 and that definitely does not bode well for new/young players trying to get into the Lithium industry.

Our boat has sunk. We're miles from shore. There are no life-jackets as we bob in the water, there is not even one piece of flotsam in this cold ocean to hang on to anymore... we're going down now. Ms Tianqi swooping in as an guardian angel and buying us after being repelled by SQM was our last long shot sliver of hope. That's gone now.

The Doctor