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Re: cashclan post# 32292

Monday, 01/24/2011 10:06:21 AM

Monday, January 24, 2011 10:06:21 AM

Post# of 155573
Lithium is not a REE. The government has no money. It would be very unlikely to assume any finances will come from the gov. for this project.

Financing will come after the land deals are secured. At what cost is the question ?????? Usury interest rates, cut rate shares with a ton of impossible caveats attached, R/S as a result built in???? Keep in mind this company has nothing for assets but more shares, how much can you borrow on a promise?

Potential here only if the land deals are real and they actually happen. Play the bounces, that is where the money will be. This is years away from the first production payday. That is the reality of what is going on here. We have good volume asnd a decent spread when it moves, make the best of it. Keep your core position.The first ride could come shortly, I agree with you on that for sure.

My best to you partner.