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$BKTPF is really breaking out. Their new project bordering LIACF looks to be as good of a shot as any for a win for the company. They have permits, a driller and share the deposit with LIACF. Not sure how this doesn't keep running. Even the charts are looking good. With only 15M market cap verses American Lithium's 650M it clearly has a long ways it could go. If they hit I would expect LIACF to buy the project. (They spent 7M just expanding the TLC project to the Solar project. Buying it makes sense if they plan to mine it.) IMO...
You well may be right. $SPMTF need to spend their Flow through in Canada so not before that but I expect they will be focusing on lithium based on the sheer value and rate of growth we see in it. I understand they are drilling the Perron East project so we will see if they have any success there.
That was my assumption too. Both LIACF and CYDVF will be prime candidates for take over. I do expect it all to help everyone in both Big Smokey Valley and Clayton Valley. Even without a buy out though these are all going to do well on work and results. Exciting times for lithium plays.
Yes, that news definitely got my attention. Those surface test numbers surprised the company as they were expecting numbers to be half of that at the surface. I spoke to them the other day and they said they were drilling 100' from the American Lithium planned drill holes on their expanded project. With the market cap so low on this one any success in the ground should move it quite a bit. I figure drill starts in the next 2 weeks, Assays probably 6 weeks after that so all goes well this one could be a nice little Christmas bonus... I also think American Lithium is a likely take over target and if that happens, no one is going to want to share the deposit with a little company like Cruz Battery metals so I expect they would get an offer as well. Kind of a win/win situation.
$LIACF is looking like a strong candidate for a take over. I would not be surprised to see this happen as soon as extraction from the clay is proven at scale. The expanded TLC project which now goes north all the way to the Cruz Battery Metals Solar project should be one, if not the largest lithium deposit in North America. It will be exciting to see what the new drill program does to expend the current resource estimates. For the next year you can't go wrong with lithium plays.
I would think you would want to balance out a bit with bigger deposit plays and recycling so you can maximize the gains over a larger time-frame. ABML is money down the road but the lithium exploration companies with deposits are going to see immediate gains. I like the look of LIACF, BKTPF, CYDVF and PEMIF at the moment. I would expect a few of those to be on acquisition lists right now.
$BKTPF is worth a look.
Company acquired a Lithium project that sits bordering the LIACF TLC project in Nevada and in initial sampling produced surface numbers over 1600 PPM LI which is about as good as you can find for surface. Company should be drilling within the next 2 weeks and will start with hold roughly 100' from the American Lithium project. With a 10M market cap compared to American Lithium with over $460M, I think this one has a lot of potential.
$SPMTF is showing potential.
Trading half of recent highs. Has resource assessment of over 1m tonnes of LI. Is going back to work on McGee deposit now to expand estimate. Has lots of cash in bank and has 3 drill programs planned before the end of the year. I believe it will double by Christmas.
$SPMTF is an easy double over the next 6 months. Regardless of what some believe, with lithium now at all time highs, work continuing on the McGee project that should help expand their lithium resource estimate which currently sits over 1,006,000 tonnes of LI Equivalent i the ground. With spring highs double where it is now and the work and sector taking off I don't see how this doesn't get there in the short term. Toss in Cypress completing the pilot plant and becoming a significant take over target, this all should help keep attention on the area and the company.
The new project, Green Clay Lithium project is just south of the McGee and has some good potential as well. Additionally,the company plans to drill the Perron Gold project this year which will only help.
The company has over 3m in the bank as of now so even with spending half of that on current work programs they really have no reason to dilute further in the next year or two.
Just how I am reading all of it. I am sure there are lots of other opinions.
Lithium in Nevada is getting a lot of attention with $ABML picking up 6100 acres of claims near $LIACF TLC project which has huge resource estimates. On the North border of the TLC project a small penny stock $BKTPF is sitting with a drill program about to start. With lithium now at three year highs I am very focused on projects in Nevada's Big Smoky Valley and Clayton Valley and thing all are going to be good trades going forward. Many will do very well long term as well. Just my opinion but I think they are worth looking at now.
$BKTPF is the best priced play in Big Smokey Valley. Their 5500 acre Solar Lithium Claims border $LIACF TLC Project and today $ABML announced they have acquired 6100 acres in the area. The area is heating up quickly with Lithium now at 3 year highs.
Cruz Announced they will be drilling soon so my money is on them...
$RQHTF just announced profitability. I think this could realistically be a 10 to 20 bagger over the next 24 months. Seriously dig in to your due diligence on this one. It is going way higher.
RQHTF announced profitability today....
Reliq Health Technologies is breaking out on the news that it is officially profitable and is on track to meet their long term goals of getting over 120m in revenue and uplisting to the Nasdaq in the next 24 months. If they keep on track it a 10 bagger in that time. Worth taking a serious look at.
Yep all the lithium exploration and miners have come off their highs but something different about SPMTF is that they just went from no resource deposit to having one. They have pulled back with everyone but with the deposit I think they are probably at the bottom now going forward. Now additional work or success on the other projects add value to the company. Can't say if it will blast past earlier highs quickly but over the medium to long term things are definitely greener. Now it should trade with the value of the resource with peaks on news and catalysts from everything else. I personally think it has a decent upside over the next 6 months but we will see...
$BKTPF had huge volume today. Over 6m on just the Canadian market and it traded in the US and Germany as well. This might be a runner over the next few weeks. Worth paying attention too at least.
$SPMTF had some news today. Almost overlooked it. Announced work started on the Case Lake project by Clean Air Metals. From my estimation that means there are 4 projects getting worked this summer. I think this is going to be a good summer.
Projects that are being worked.
1. Goose Project by New Found Gold.
2. Perron-East project - Lidar being done for drilling now.
3. Case Lake - Platinum Group Metal Project
4. Clayton Valley Lithium Project - Executing on the Stantec report recommendations.
Feeling pretty good about this one...
Picked up some $RMANF for a quick trade. Some catalyst expected early next week. Not financial advice...
$SPMTF announces work programs started on Gold project in Quebec. Lots going on for this penny stock. Just released resource estimates for their lithium project and have several other projects started or starting for the busy summer exploration period. I think the patient will be rewarded on this one.
Potential 8B in the ground sounds low but really at that point for a company with the current market cap it really doesn't matter if it was 1B or 10B. It is trading far below it's value in my opinion. Toss in some juicy gold projects that are getting some work programs now and I think this is an easy trade over the next several months. Just my opinion though. I like $SPMTF and think I will do well with it.
$SPMTF Spearmint Resources releases Stantec Report indicating 1 million tonnes of Lithium on the Clayton Valley Lithium project beside Cypress Development Corp. This should add some significant shareholder value going forward.
This is fantastic news for all of the shareholders. Nice to have some good numbers to this project. $SPMTF should be running again now...
$SNNAF is one to pay attention to. They announced permitting and the drilling company for the Bleka project in Norway. Project has amazing potential with a 3km strike zone and only 200m of it previously explored. Lots of prime targets. Company released a 43-101 for the project this week and they have an excellent deck for it on their website. I believe this one will easily double from this point over the next several weeks as they drill the project.
$SPMTF looks like it is going to leg up on news released today. Second phase work program going on the Goose Gold Project that is located less than 1 km from New Found Gold's major Keats discovery. (NFG.v now has a 1.64B market cap from a penny stock) Toss in this company is about a week away from final metallurgy results on their Lithium project in Clayton Valley and a couple weeks from a resource estimate report from Stantec and this is going way higher.
More news and catalysts expected for their other projects as well as they raised cash specific to Canadian projects which will be announced soon.
I hope to see some number in a few weeks but everything since the start of 2020 has taken twice as long as expected. I think three weeks so hopefully less than 5 weeks if I am being pessimistic. Although with the preliminary results on metallurgy maybe it could be less. Most of the work is done..
If I were to read the room I would guess the inexperienced investors are indeed taking profits. They probably didn't read the news fully. The results are preliminary and need confirmation which probably will add another week or two to the process. This should put the Stantec report maybe 3 weeks out still. Once that is out though we should have a pretty good shot at knowing what the Lithium project is worth and considering they have not had an asset like this before I think it will find a new level to build from at that point.
Quick chat with the company today confirmed they have close to 3.5m in the bank, near zero overhang as almost all outstanding options and warrants have expired or been exercised so going forward we can expect zero dilution. Work plans coming for multiple projects. I expect this will keep grinding up for most of the summer at least. Have to see where the work programs go of course but with commodities going as they are and a deposit I think Spearmint's future is green. (Bit cheesy I know...)
$SPMTF announced their metallurgy results today with numbers as high as 83% which is better than what Cypress reported. With the positive news and the previous Sprott announcement I am starting to wonder if the other two companies that share an office with Spearmint will be announcing Sprott funding too. Might be a good time to look at $SNNAF and $BKTPF. Both are starting their exploration season so should be a good play either way but a Sprott announcement would be an nice addition...
Yes, these results are very good. It means 80%+ of the lithium in the initial assessments is recoverable. With that figure they can project how much of the lithium they can pull from the clay-stone on the project and assign a value to it before and after cost of extraction. This one just became an economically viable mine if they go that way.
I would expect they will let Cypress, Albemarle and the others hone the refinement process rather than working on it as well which makes sense since they all are spending 10s of millions on the processes now. I think this makes the project an excellent candidate for acquisition down the road. For now, it will help put a value on the company once the deposit value is determined. With Lithium around 90,000 a tonne and expected to go much higher this is an easy buy and hold. $SPMTF to moon...
$SPMTF announced Sprott was part of the new Financing. Should provide a bit of confidence in the projects going forward. Lots of catalysts expected over the next couple weeks including metallurgy and resource estimates on Clayton Valley Lithium projects and work program details on a few of the companies gold projects.
Looking like $BKTPF is going to be working on their Ontario cobalt projects soon... looking forward to the official announcement. trading at 0.0732 should easily get back over .12 on the announcement and should have a good shot at getting back into the .30s with their work programs. I picked up 150k shares so clearly I am biased though... (Not investment advice, do you own DD)
Good news today from Sienna. Off road permit will allow the company to access the entirety of the Bleka strike zone which will give the company the best shot at a significant discovery. Bleka strike zone is 3 kilometres long but only 7% of it has been drilled and mined. Historically the Bleka mine produced average grades of 36g/t when active between 1880 and 1940. Since the property has been left alone other than surface work and grab bag sampling. This project has some serious potential along with the other projects. Definitely worth an in-depth look anyway...
More news today that was a bit light on details but is moving the company in the right direction. When the financials are out on June 1st and they can show the number of subscriptions and income this will stop sitting in this zone. Everything points to 10k people on the system and $500k in monthly income at that time. Good buying opportunity now at least...
$SPMTF is looking pretty good lately. Feels like we will seeing some news pretty soon here with the Metallurgy and maiden resource estimates coming any time now. Toss in the gold projects and I think May is going to be a huge month.
Definitely follow the company on the CSE as well, way more volume and it will give you a better picture of how they are doing. Chart looked great today on the CSE.
At least today we only see 64,500 on the US and 136,605 on the CSE today... Still think this will run..
$BKTPF sounds like work programs should be announced in the next little while. Spoke to the company and they are cashed up and just sorting out targets and site access. Looking forward to some progress on this one...
$BKTPF should have work programs announced any day now. This will run on news.
$SPMTF getting close to metallurgy and resource estimates on the Clayton Valley lithium projects. Down to a few weeks for all of the info. Should be good for a run even without the other projects.
$SPMTF looks to be breaking out on the CSE, up 10% so far. Gold is up and news from their Lithium project is expected. Good time to take a look at it..
$SPMTF has me excited this morning. Breaking out on Volume on the Canadian market. Clayton Valley news expected, Gold is up... Start of good things to come...
$SPMTF technically breaking out. Looks to be news coming on their Lithium deposit in Clayton Valley. Should be a good time to look at it. Probably doesn't hurt gold is up with their other projects...
People selling blocks at market are killing the momentum and bringing the price down... I get selling but why lose so much in the process. Limit sell always...