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everyone knows this one is heading lower by now... let it go lol!
I expect SANP will be testing 18 this afternoon,,,;)
Here we go Shorts need to start covering imo,,,;)
Great job Dark...
Bouncing of the (ma)200 on the 30m chart, just like clockwork...
See if she wanna run from here...
Like Chart and I said, Bottoms in,,,;)
Agreed...
Time to load imo...
loaded up big on those 8's this morn, to go along w/ my 20's and teens, got me a nice lil ave. on my 20mm shares... Holding for pennies...
$SANP$
Moved on from this on Monday when I seen the chart wasn't holding...
Indeed it is...
Lets see if GLNNF can make some positive ground today, needs to get through that 1.88-2.02 area then she moves nicely imo...
maybe maybe not...
Nice Read...
Good choice imo...
GLNNF consolidating on low volume very bullish imo...
link back 4 the daily chart
GLNNF Break @1.87 lets see if we get it today...
Good 4 u!
Looks like that 1 topped out!
Keep on Running lol...
Why u posting that chit here...
Either you can read charts or you can't, not judging, just saying,,,')
GLNNF going much higher than 1.83 jmo,,,;)
Good Stuff!
Need a lil bullish news here and off to the races imo...
GLNNF
Nice day to accumulate imo...
Indeed!
Added more yesterday @1.82 also,,,;)
GLNNF coiled up and getting ready to rip imo,,,;)
GLNNF Adding here...
GLNNF @1.83 getting ready here for next leg up imo,,,;)
Agreed...
I'm thinking the same...
GLNNF
I agree...
Looks like longs are loading just under the (ma)50 on the 2 hour chart... Should be go time once it breaks imo...
Totally agree
Should have no problem breaking 2.00 later today imo...
Liberty One Lithium Advances Plans for Utah Property
Company unveils plans to leverage $10M working capital with operational study of flagship property and new opportunities
VANCOUVER, BC--(Marketwired - Dec 15, 2017) - Liberty One Lithium Corp. ("Liberty One" or the "Company") (TSX VENTURE: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T), an exploration and development company focused on the acquisition and recovery of high grade lithium brine deposits, is pleased to announce activation of plans to accelerate activities at its flagship "North Paradox" property in Grand County, Utah.
Liberty One's promising "North Paradox" property consists of 233 placer claims encompassing 4,480 acres located within the Paradox Basin in Grand County, Utah. The prospect is easily accessed just 15 km west of the town of Moab, in southeastern Utah. The geology and controls of mineralization in the immediate area of Liberty One's claim area are reasonably well known as a result of historic mapping and extensive oil and gas drilling. The presence of the Cane Creek mine immediately southeast of the Company's property which has been producing potash for over 45 years demonstrates the efficacy of production processes similar to those envisioned for the mining of lithium in the region. The recovery of lithium and other products from this locality is readily demonstrable as the area is rich with supersaturated brines. This notable fact simplifies feasibility since similar brine resources are the primary source of most of the world's lithium. Historically, within a 50-square mile radius encompassing much of the company's land position, there have been approximately 55 oil and gas wells completed over the years. At least 32 of them penetrated the Paradox Salt formation and intersected its potash beds and brines. Lithologic and geophysical logs and other data including pressures and temperatures for nearly all of these wells are publicly available from the Utah Geologic Survey log library.
Company CEO, Brad Nichol comments, "This is a business of timing and opportunity, and insofar as we have advanced all payments to finance our efforts in Argentina, we are in the enviable cash position of having approximately $10 million in working capital in hand. Because of its significant upside potential, our US-based project was determined to require a different strategy from our joint venture approach in Argentina and is a fitting opportunity to begin our long-awaited exploration of this promising potential lithium prospect. We're in a great location featuring excellent access and infrastructure within proximity to the Tesla Gigafactory, which could offer distinct economic advantages relative to similar operations in Nevada."
In related news from Argentina, early reports from the Company's operating partners have not defined a commercial prospect. As previously reported, the Company commenced drilling in late October 2017. The initial three-hole drill test at the Pocitos West project on the western margin of the Pocitos basin in Salta, northern Argentina, consisted of rotary-drilled reconnaissance holes, spaced along the length of the extensive property package. These test holes were designed to simply determine if brine was present and to analyze what fluids could be extracted to determine lithium content. To-date, drill results from the first two holes show lithium-enriched brines are not present beneath the sedimentation of these parts of the southern basin. The third hole is currently being drilled 9km north of the second hole. Results are not yet available at this time.
The Pocitos West property has proximity to, and is on trend with, other known deposits and reports of surface lithium anomalies, but there has been no actual historic drilling beyond near-surface sampling. The initial geophysics undertaken at Pocitos West identified a thick, contiguous low-resistivity horizon throughout the property. As shown by drilling for the southern two-thirds of the property it appears that this conductive material was not brine-enriched sediments, but instead a clay-dominated sequence, which offers less resistance to electrical current than sand or hard rock basement materials, and has little to no potential to host brine.
"The Pocitos West property is extremely large, and the third hole still holds possibilities." Mr. Nichol continues, "In any case, an evaluation of the final results will take only days to complete, and we will be making some practical decisions for our next steps at Pocitos shortly. It's been a very positive learning experience so far, and we have every intention of taking what we have learned here and applying it in Utah and elsewhere. We have the desire, intent and financial ability to look at options across Argentina and Chile if we assess the Pocitos project as non-viable. The lithium story is as compelling now as when we started, its outlook remains healthy with lots of growth projected and we now have a much more experienced team with access to a number of potential projects within the celebrated Lithium Triangle and beyond. These are all highly positive elements that will allow the Company to ultimately deliver shareholder value and make 2018 a year to look forward to."
Brad Peek, MSc., CPG, a non-arm's length party to the Company, is the Qualified Person responsible for the technical disclosure in this news release relating and limited to the "North Paradox" property in Grand County, Utah.
Iain Scarr, AIPG, CPG, a non-arm's length party to the Company, is the Qualified Person responsible for the technical disclosure in this news release relating and limited to the Pocitos West property located in the Pocitos Salar, Los Andes Department, Western Salta Province, Argentina.
For further information about Liberty One Lithium Corp., please visit www.libertyonelithium.com or view the Company's filings at www.SEDAR.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"/s/ Brad Nichol"
Brad Nichol
President & CEO
About Liberty One Lithium (TSX VENTURE: LBY) (OTCQB: LRTTF) (FRRANKFURT: L1T)
Liberty One Lithium Corp. is an exploration company focused on the acquisition and development of high grade lithium brine deposits. The company has commenced exploration in the heart of the well-known "Lithium Triangle" and in a prospective region of Utah. Both regions are ideally situated for lithium brine production via low-cost and well-proven evaporation methods, and are adjacent to substantive infrastructure and a skilled, experienced labour force. Liberty's international team is comprised of recognized technical experts that have focused on lithium for decades. The Company is stringently managed with a critical eye on value-creative decision making, aimed at ensuring the Company is well-capitalized and consistently creating value for shareholders. Read more at: www.libertyonelithium.com/about-us/summary.
Cautionary Statement Regarding "Forward-Looking" Information
Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "anticipates," "plans," "expects," "intends," "is expected," "potential," "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT
Walter Spagnuolo
Invictus Investor Relations
Office: +1.604.343.8661
Email: investors@l1lithium.com
Website: www.libertyonelithium.com
Copyright © 2017 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
https://www.otcmarkets.com/stock/LRTTF/news/Liberty-One-Lithium-Advances-Plans-for-Utah-Property?id=178267&b=y
LRTTF Daily
Link back 4 chart
BULLISH HARAMI CROSS
Definition
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black body is observed on the first day.
3. The Doji that is formed on the second day is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The Bullish Harami Cross consists of two candlesticks, in which the body of the first black candlestick engulfs the body of the following Doji. The body of the first candlestick may be short.
Trader’s Behavior
A bearish mood prevails in the market, and a downtrend is in progress. The first day’s candlestick is a black body, which further supports bearishness. However the next day, prices open higher than the close, or at the close of the preceding day. The short traders are alarmed which leads to the covering of many short positions, causing the price to rise further. Moreover, the day closes at the opening price, showing lack of decision among traders. The increasing level of indecision and uncertainty amplifies the likelihood of a trend change and cause a reversal.
Buy/Stop Loss Levels
In the Bullish Harami Cross pattern the first candlestick can be short. This causes the confirmation level to change with respect to the body length of the first candlestick:
1. If the first black body is short, then the confirmation level will be defined as the body top of the first candlestick.
2. If the first black body is not short, then the confirmation level will the last close or the midpoint of the black body of the first candlestick, whichever is higher.
Prices should cross above these levels for confirmation.
The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=LRTTF