Lithium Penny Play $SPMTF @ 5 Cents
Lithium demand is increasing daily with every body in auto manufacturing announcing massive shifts into the EV market. This means market forecasts of the commodity are drastically understated. Known deposits and proven assets are going to be huge as although Lithium is common, you still have to find it. These are companies I think you want to be looking at. All in Clayton Valley Nevada where Elon Musk said on Battery day that he was acquiring projects to supply their Nevada Giga Factory.
SPMTF/SPMT Spearmint Resources. Flat in value in last 30 days but double since early July. Completed their 2020 drill program and results from last 7 holes are due imminently. Every hole hit the lithium clay deposits so the assay results should drive it. Will be able to do resources estimates when done. Price .05/.06 Market Cap 9.5m/11.5m.
Smallest Share price in the area, lowest Market Cap and first one to compelte drilling progam this year. You want to own this now.