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Strategic Asset Leasing In LEAS
Posted On: 03/15/2013 7:30:00 PM
Post# of 958
Posted By: Kgem
Re: mayhem72ss #271

Mayhem72ss, I really can't say.  Now that POSCO has developed a much more rapid lithium recovery system, they don't need additional capacity.  Add to this the fact that the market for lithium is maxed out at present, and it is hard to see where MMTE could fit anywhere.  I also am not all that certain that MMTE owns the best property in the first place (just look at the maps of lithium rich areas in the Atacama).  So, I just can't see where MMTE fits at all.  Maybe if our CEO told investors something solid that we could hang our hats on, my opinion would be different.  However, we have not heard a public announcement for some time, and the only thing we know for certain that is likely to be released is a very ugly reverse split that will kill just about everyone.   I guess we could be hopeful, but I am not betting on it.






















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