October 13, 2017
LIXXF Just Got Full Control Over the OBL Motherlode
By Dr. Kent Moors
Keep an Eye On:
Wed.: EIA Petroleum Status Report
Thu.: EIA Natural Gas Report
Fri.: Baker-Hughes Rig Count
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The OBL Revolution is imminent.
Demand for OBL (or lithium) is spiking, as lithium-based batteries become more and more common in cars and power grids all over the world.
Sooner than some might think, lithium-based batteries will become standard issue.
Here in Energy Advantage, we know, and we've been tracking this trend closely. That's why we're already positioned to profit...
The main pick in this area is Lithium X Energy Corp. (LIXXF), which we've been following since April 10, 2017.
This tiny mining company was working on developing and eventually mining lithium deposits in the U.S. and Latin America.
Well, Lithium X just announced that it now controls 100% of the mineral rights in the South American Diablillos basin.
Shares jumped 7.89% on the news, putting the position up 16.15% since we added it to the Energy Advantage Portfolio.
With complete control over the Diablillos basin, Lithium X is in an amazing position to begin lithium production.
And with news from China suggesting the government there might require new cars to be partly or fully electrically powered in not too long, Lithium X's production can't come soon enough.
Sincerely,
