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Monday, March 11, 2019 11:41:08 AM
To begin the interview Jolly asked McAllister to provide some background information about the Company. McAllister started by explaining that the Company mainly focuses in the lithium space, as well as synthetic brine testing. He also shared that the Company recently finished their first drill program, which included four resource definition holes and one metallurgical test hole.
Jolly then asked about the significance of the Company’s most recent findings. McAllister explained that this drilling program validated their hypothesis of the lithium mineralization that was present throughout the property. The drilling even confirmed that the grade and thickness of the lithium are some of the highest recorded to date.
McAllister explained that lithium is a rapidly growing market and gave the example of the increasing number of electric vehicles which rely on lithium for power. The number of electric vehicles being produced continues to increase with each year, creating a bigger and bigger demand for lithium going forward.
Jolly then asked about how the Company plans to keep supplying the lithium for this increasing demand. McAllister explained that in 2017 the Company explored Argentina, but found that the site was not as lithium-rich as expected. Since then, the Company has been focused on Nevada and the area has proven to be a haven for the resource. For now and in the future, the Company will continue to focus on Nevada for the required lithium.
McAllister also shared that the Company is working to collect lithium in the most economical way possible. McAllister further explained that for now the Company is in a pre-revenue state and may continue to be for the next couple of years.
Jolly then asked about the Company’s long-term plans. McAllister stated that the Company will focus mainly on the solution testing of the drill core over the next few months and expects to have exciting news to share with shareholders in the near future.
To close the interview McAllister stated, “It always takes longer than expected to come out the other end where you’re smiling, and we’re a lot closer to that point than we were two years ago.”
To hear Robert McAllister’s entire interview, follow the link to the podcast here: https://upticknewswire.com/featured-interview-ceo-robert-mcallister-of-enertopia-corp-otcqb-enrt-2/
About Enertopia:
A Company focused on using modern technology to build shareholder value. Enertopia is working to establish a lithium resource and at the same time working on extracting Lithium from its synthetic brine solutions by using industry leading proven technology.
Enertopia shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at 1.250.870.2219
SOURCE:
Uptick Newswire
602-441-3474
https://upticknewswire.com/
Contact:
https://seekingalpha.com/pr/17422584-uptick-newswire-hosts-enertopia-corp-stock-day-podcast-discuss-large-scale-lithium-findings
$ENRT
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
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