Tuesday, November 15, 2016 2:23:13 PM
Made public after close yesterday
Conclusion
At its current market value, Alix Resources is my top pick amongst micro-cap junior explorers focused on lithium. I believe that the Lithium Australia NL's story will materialize and SiLeach™ will prove to be a game changer in the lithium extraction game. AIX will benefit from any success derived from LIT's experimentations with clay-based material, not only for the market valuation of the Electra project itself but also on a going forward basis as it owns 10% of a potential technology.
I don't see a path for Alix Resources to reach producer status in the foreseeable future. Although I believe it can significantly appreciate with additional partnership agreements and resource definition.
Disclosure: I am/we are long ARXRF.
Stocks: ARXRF
Here is link
http://seekingalpha.com/instablog/31984485-vincentld/4932724-alix-resources-gem-buried-mexico [B]
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