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Sunday, 01/16/2022 4:29:29 AM

Sunday, January 16, 2022 4:29:29 AM

Post# of 3193
Climber18,_Monday is_a holiday_for BLILF_but Tuesday_we won't_suffer as_badly
as LPI will. A strange phenomena is affecting BLILF share buying/selling in that investors are being duped into believing there is a prima facie relationship between Bearing and LPI shares that "must of course be" nearly 1:1 simply because we are partners. But, it is not a sustainable 1:1 ratio or even close to it. This is the reason Mick_Z unloaded his LPI shares 8 months ago and bought Bearing instead once we proofed it out to him here. LPI has been over-pumped in the last 3 weeks based on old worn-out repetitive empty promises up to an unsupportable no-oxygen nearly 100% increase in pps while we only rose 40% pps in the same period. Each of us (ie LPI & Bearing) has only one project and we finance/expend/drink-from-the-same-fountain on Maricunga in tandem so if a 100% rise in pps was indeed truly justified then the math/finance gods would have raised Bearing 100% also, I mean after all we two are banging the same exact chick (ie the voluptuous Senorita Maricunga)... but that 100% jump did not happen. And it didn't happen because Bearing does not cross-border attack or over-hype its_stock on penny message boards like LPI does.

We are going to fall next week because we have just lost BYD and the Errázuriz Group as critical "must have" JV partners (read: Chile court freezes multi-million dollar lithium deal) which had the new JV been created would have brute-forced Codelco to come crawling to the bargaining table "way way early" even without any more "prospecting" before March 11 and sign a JV with us. This new superior but primitive upper-hand over Codelco for NewCo/MSB-SpA was the fact that with even only BYD and the Errázuriz Group we would have gotten a nice 8,000mtpa increase and BYD (with Xi Jinping's and Warren Buffet's approval) would have easily funded the project CAPEX 100% with a 13.2% discount on all the tonnage they buy thus slamming the door shut hard/permanently on Codelco... and Codelco will catch (ie would have caught) hell from the incoming government if they flub this Maricunga opportunity (provided Boric does not strip Codelco's 325,000mt LCE export license and give it to NLC in 2023 or 2024). Yes we are going to fall next week, but LPI is going to fall twice as hard as us based on just the prima facie phenomenon temporarily overpowering investor logical analysis/vision.

But the underlying scary truth (ie 800 pound gorilla in the room) is that LPI because of its ungodly high dilution is not on a 1 to 1 ratio with Bearing... the ratio is 5 to 1 in that undiluted Bearing_shares are worth 5 times more than LPI shares which we proved last week in this simple mathematical post https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167491633
the reality is that for every US$0.10pps LPI falls next week (starting Monday January 17) we at Bearing can only fall US$0.02pps or the basic laws of math/finance are overtly violated.

The Doctor