ADVFN Logo
Registration Strip Icon for monitor Customized watchlists with full streaming quotes from leading exchanges, such as NASDAQ, NYSE, AMEX, OTC Markets Small-Cap, LSE and more.
Frontier Lithium Inc

Frontier Lithium Inc (FL)

0.45
0.03
(7.14%)
Closed December 23 4:00PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

FL News

Official News Only

FL Discussion

View Posts
Oleblue Oleblue 1 year ago
World's biggest lithium reservoir found in supervolcano McDermitt Caldera in Nevada - with $1.5trillion worth of the precious metal that powers world's technology

The world's largest lithium deposit was found on the Nevada-Oregon border
The McDermitt Caldera that formed 16m years ago has about 40m metric tons

By STACY LIBERATORE FOR DAILYMAIL.COM

PUBLISHED: 14:05 EDT, 11 September 2023 | UPDATED: 17:35 EDT, 11 September 2023

Geologists have uncovered what they believe could be the world's largest lithium deposit inside an ancient supervolcano along the Nevada-Oregon border in the US.

Clay containing up to 40 million metric tons of the precious metal was identified throughout the 28-mile-long McDermitt Caldera - nearly double what has been found in Bolivia's salt flats that have long held the record for the most lithium deposits.

While the amount of lithium is based on estimates - no drilling has taken place - scientists have found high concentrations of lithium in the caldera since the 1970s.

As of 2022, the average battery-grade lithium carbonate price was $37,000 per metric ton, meaning the volcano is potentially sitting on $1.48 trillion worth of the precious metal.

Canada-based Lithium Americas Corporation plans to begin mining as early as 2026, mine the region for the next 40 years, and then backfill the pit. However, the plan has been criticized due to the environmental impact of mining and claims that the site is on sacred Native American land.

Lithium is a critical component for batteries that power everything from smartphones to electric vehicles and solar panels - and China has dominated the market for decades because 90 percent of the metal mined is refined in the nation.

The McDermitt Caldera could hold the most lithium in the world. The crater, which formed 19 million years ago, sits along the Nevada-Oregon border. Experts said the extraction process would only need water to remove clay that will be leached to extract lithium

https://www.dailymail.co.uk/sciencetech/article-12504841/Worlds-largest-lithium-deposit-McDermitt-Caldera-US.html
πŸ‘οΈ0
FrontierMan FrontierMan 2 years ago
SpaceTime PFS -

Based on words from Walker, I would be surprised if the PFS is not released this coming week... following at the latest.
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
My response from the Company:

The PFS timeline was published in November 2022; " the Company anticipates that the PFS will be completed in Spring of 2023." You can read that here https://www.newswire.ca/news-releases/frontier-lithium-reports-results-for-the-three-and-six-months-ended-september-30-2022-875490700.html



Other catalyst to keep an eye on



Maiden drilling on the untested 600 meter long Bolt pegmatite in 2023
Exploration drilling planned to test Spark deposit’s western extension towards a high-grade target 1.1km down strike from the resource


Regards,



Frontier Lithium
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
This becomes instantly more valuable when China takes Taiwan no?
China has most of the lithium reserves on the planet on lock
Canadian Lithium will rise with world war 3 on the rise
The battle for natural resources and Planetary Control
aka New World Order
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
Today was Market Maker Manipulation day

Crooked Market Makers
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
Governments are going to force electric cars on us no matter what economy does.

https://www.cnn.com/2023/04/09/politics/epa-vehicle-emissions-climate-biden-administration/index.html
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
In for 9k shares
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
In for 9k shares
πŸ‘οΈ0
SpaceTimeRift777 SpaceTimeRift777 2 years ago
When is the next PFS expected?
Litof or Litm better?
πŸ‘οΈ0
FrontierMan FrontierMan 2 years ago
Upcoming PFS should be a springboard into the future of this company. I would be surprised if we fall short of 100m Tons. With current pricing, I'd expect a NPV that should elevate us to a $7-$10 US stock value immediately. We'll see if the market follows accordingly, but there is no doubt the valuation is about to rocket. This, along with some off-take news and Q4'23 Operations headway, will be the new beginning the longs have been waiting for.
👍️ 2
michaelshifflette michaelshifflette 2 years ago
Locked and Loaded!!
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
I wouldn’t expect a run like that. This is a long for me. Demand outstrips supply for the next two years. Steady climb north barring any additional geopolitical BS.
πŸ‘οΈ0
michaelshifflette michaelshifflette 3 years ago
Looking for good entry but she doesnt give back to much. She holds her line well.
πŸ‘οΈ0
chico2663 chico2663 3 years ago
I dipped a little. Hope you guys are right. I am hit or miss with these pennies. I bought nio for 1.98. It ran to 60 before settling at 20+. Would be nice to get this one going. Glta
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
Welcome to the club! It looks like it’s only you and I! )
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
Welcome to the club! It looks like it’s only you and I! )
πŸ‘οΈ0
michaelshifflette michaelshifflette 3 years ago
This thing has been rocking!!!
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
Wow I guess I’m the only one? As it turns out this is not the best $.01 Li play in all of the Americas. It’s the 2nd!! And I’m in the 1st as well! I’ll see everyone at the finish line!

LITOF | LLKKF

FYI invest in sectors where demand outstrips supply!
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
Best Lithium Play in all of the Americas. JMO.
Also like PILBF as best Lithium Play in Australia.
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
Still flying below the retail radar but won’t for much longer. At least it’ll give me time to accumulate.
πŸ‘οΈ0
Nobhilltreehouse Nobhilltreehouse 3 years ago
Crux November '21 Update Video

Not on IH much but don't see this posted.
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
SP increase with recent financing. Upside.
πŸ‘οΈ0
Bugguybob Bugguybob 3 years ago
Here. Shocked someone posted. Amazing move so far.
πŸ‘οΈ0
rahrah rahrah 3 years ago
I am alsoβ€”small investor so farβ€”prefer to be a lurker, so unless others respond, you may seem to be alone (ggg)
πŸ‘οΈ0
MikeyMayhem MikeyMayhem 3 years ago
I can’t be the only one watching this?
πŸ‘οΈ0
skifam skifam 4 years ago
Frontier Lithium to receive funding from Ontario Government for Lithium Chemicals Mini Pilot Project

Canada NewsWire

SUDBURY, ON, May 26, 2021

SUDBURY, ON, May 26, 2021 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (OTCQX: LITOF) ("Frontier" or "the Company") aims to become a fully-integrated lithium producer of battery-quality lithium chemicals in North America's Great Lakes region from the PAK Lithium Project, which hosts Ontario's largest and highest-grade lithium resource. The Company is pleased to announce that the Government of Ontario has agreed to contribute $363,000 towards assisting Frontier Lithium with piloting a proprietary process that seeks to overcome certain financial, technical and environmental risks identified with conventional lithium chemical processing utilized commercially outside of North America. Lithium is a critical mineral that is increasing in demand globally by the manufacturing of lithium-ion battery materials needed for rapidly growing energy storage and electric vehicle markets.
πŸ‘οΈ0
OLZEKE OLZEKE 4 years ago
ALL REMS are extremely cost ineffective to separate from ore compounds. Some of the Lanthanoids are impossible to obtain without losing money in the process. The now 118[Or more] members of the periodic table largely remain a mystery as to their true value as resourses to humanity's future. We've only begun to put pieces of the big puzzle in place. Lithium as the new and overwhelmingly superior battery source is literally going to change the world. Musk is working, as are many other company's, on the ultimate power supply. Once the equation is figured out, we'll all be driving electric cars. Interesting times.
πŸ‘οΈ0
NTRInvestor NTRInvestor 4 years ago
nice video!
πŸ‘οΈ0
cg22 cg22 4 years ago
Thanks DE !
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
Very informative video for investors...

πŸ‘οΈ0
zagdad zagdad 4 years ago
Thx for the info.....glad to have a toe in the water here. Everything looks great....having Thunder Bay not too far away is great....spent a few winter days on the ski hill there long ago.

Those numbers suggest rev of over $300M per year being processed.....any idea as to the the profit %s are to the bottom line for such minerals, etc.?

πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
$LITOF only heading higher from here...

Excellent article out last week on Frontier Lithium. From its 66,160 acres in NW Ontario, Frontier plans to produce 23,174 tonnes per year of battery-grade lithium hydroxide monohydrate.

But with two other promising lithium prospects on Frontier's property, and exploration still ongoing, the resource count at PAK is likely to increase.

Hope everyone had a great weekend.

Sudbury lithium company talks of Great Lakes port-side processing plant

πŸ‘οΈ0
NTRInvestor NTRInvestor 4 years ago
$6 dollar price target! love hearing that. Undervalued!
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
Hey cg22, glad you think so...

It is based on info given at the recent Metals and Mining Investor Conference. If you look at at the quantity/valuation of the biggest North American peer and interpolate a comparable value, $6+ is a good target for $LITOF. If you consider the Quality of the resource, the price could easily go higher.



Glad I got in early as the demand will only go up in the future.
πŸ‘οΈ0
cg22 cg22 4 years ago
That’s a sexy estimate ! $6.60 .... would be nice see !
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
Frontier Lithium updated presentation...

The company website has been updated with the presentation given at the investors conference today.

Investors Presentation
πŸ‘οΈ0
Chexa10 Chexa10 4 years ago
Good words...the call today was impressive as well
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
Hope everyone caught the presentation today...

Trevor R. Walker, the President and CEO of Frontier Lithium did a presentation today at the Global Metals and Mining Investor Conference. Had some really good comments about where the company is going.

If you didn't catch the presentation, you can register here Investor Conferences and then listen in and view the slides.

Estimate, based on quantity/quality in comparison to Piedmont is $6.60 PPS.

πŸ‘οΈ0
wolf0fwalnutst wolf0fwalnutst 4 years ago
Thank you for that insight! I’ll be holding tight
πŸ‘οΈ0
keith4160 keith4160 4 years ago
A little back ground I would like to share.
I have been fishing in Canada at North Spirit Lake for the last 16 Years.
About 10 Years ago a group of geologist started showing up at camp.
They were testing for several metals. After a few years of talking with them it was readily apparent that they found a significant deposit.
I have hiked to the sight and you can be assured that this deposit is everything you would hope for.
I started buying this stock 5 years ago and have been steadily adding since. I will hold this stock for years. It's my belief that at the current share structure this could easily be a $30.00(US) stock. (this is of course my own opinion.) I understand it has been a great ride so far, and it is tempting to take profits. My best advice is to hold on to this one.
Hope this info helps with your decision making process.
GOOD LUCK TO ALL!
πŸ‘οΈ0
Chexa10 Chexa10 4 years ago
Hoping the momentum continues
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
$LITOF looking to change decimal places...

Has had a nice run from 0.470 since listing on the OTCQB and with news out yesterday after hours I would be expecting a break of 1.00 this week.

Frontier Lithium PEA Demonstrates Attractive 27% IRR Pre-Tax for Lithium Chemical Production in North America's Great Lakes Region

This is a ground floor opportunity in the lithium sector.
πŸ‘οΈ0
cg22 cg22 4 years ago
Strong day / hopefully news today
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
News out after hours...

Frontier Lithium PEA Demonstrates Attractive 27% IRR Pre-Tax for Lithium Chemical Production in North America's Great Lakes Region
πŸ‘οΈ0
NTRInvestor NTRInvestor 4 years ago
Another great day! Dollars here we come!
πŸ‘οΈ0
cg22 cg22 4 years ago
A slow steady climb will be nice to see for sure !
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
$LITOF performed well last week...

and looking forward to a breach of $1.00 this coming week.
πŸ‘οΈ0
DesertEagle DesertEagle 4 years ago
Heloo skifam...

The chart I posted was for Piedmont which was trading mid 5's in September of last year and is now trading at mid 50's today.

I personally feel that $LITOF, because it has a tight OS (under 200M) and is relatively unknow, can deliver the same kind of performance in 2021.
πŸ‘οΈ0
OLZEKE OLZEKE 4 years ago
Looks solid. Thanks.
πŸ‘οΈ0
aandt aandt 4 years ago
Check out the 2018 preliminary report on the PAK project. Good numbers using 2018 prices, even better now going forward

https://www.canadianinsider.com/frontier-lithium-inc-announces-positive-preliminary-feasibility-study-for-the-pak-lithium-project-northwestern-ontario
πŸ‘οΈ0