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Gold/Mining/Energy : V.LTH
LTH 27.54+5.4%Nov 25 3:59 PM EST

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To: Joey Two-Cents who wrote (780)5/23/2008 8:58:45 AM
From: TruthSerum   of 874
 
Joey Two-Cents,

All constructive comments from LONGS like you are appreciated. And yes, I and my fellow investors are very worried by the current Lithic situation.

I like your idea about hooking up with a securities firm for a secondary offering, though was that not the reason they spent so much TIME and MONEY in Europe a few months ago?

Though it appears the same 500,000 to 1 million share overhang is being endlessly traded back and forth by the same firms on this stock. Cutting out this overhang would firm up the SP. IMHO if the company does not help it's own cause, you can wait for a buyout bid at 10 cents a share from someone who will "steal" the deposit on the cheap and make it happen ON TIME.

Teck Cominco said on Bloomberg today that zinc prices will be in some difficulty near term and see zinc mines closing because of the low price per pound and projects not going ahead. Though as a result of this, they see zinc prices gradually tightening over the next 18 months.

LITHIC MUST orientate future press releases to include those decent COPPER grades if they continue, INDIUM as well, and FIND THE MOLY IF IT IS THERE. In other words, emphasize this resource as POLY-METALLIC.

All IMHO.

Peace.
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