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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@EpsteinResearchIn my opinion, shareholders / prospective shareholders of BOTH Critical Elements $CRE & Wealth Minerals $WML (both sponsors of http://EpsteinResearch.com) are anxiously awaiting what they believe will be BIG news on announced initiatives regarding funding, partnerships, farm outs & earn-ins. That's why the market ignored a positive NI 43-101 Technical Report on Wealth Minerals' 46,200 hectare exploration property in the Salar de Atacama, in northern #Chile.
@pdacanyone follow up or hear from livakski since toronto PDAC?
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@EpsteinResearchhttps://www.ft.com/content/ab639040-1aa9-11e7-a266-12672483791a In my opinion, this is good news for top Chilean Li junior Wealth Minerals $WML... BYD, the Chinese electric car & bus company, is talking to lithium producers in Chile about potential deals to secure supplies of the key battery material. Fred Ni, VP of BYD Americas, said the company was considering a range of options from partnerships to supply agreements and direct investments. “It’s still in negotiation stage. We haven’t defined which model it will be,” Mr Ni said at the CRU world copper conference in Santiago.
$SQM & $ALB are 2 of the largest producers, the government is also encouraging copper company Codelco to develop #lithium deposits. Beijing has encouraged producers to invest overseas. Chinese companies have sought out positions in the lithium-ion supply chain by buying up mining assets. Japanese & South Korean rivals Ganfeng Lithium, one of the China's largest producers of the battery chemical, bought a 19.9% stake in an Argentine lithium project earlier this year.
@CriticalInvestorWhat were they thinking, having the lake as a viable brine source? Economic brine is always underground as you need size/depth "While this new information reduces the potential lithium brine resource that can be defined within surface lake-brine, other publically available geophysical and geological information opens up a new conventional brine exploration target in the basin-filling sediments underlying the lake."