D2 Lithium Corp (DTWOF)

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Well...I took a flyer in this badboy just to see what would happen. I have been buying in the past couple of weeks at an average of about .065 which is ok as of todays close. This reminds me a little of my first purchase in Western Lithium. A company with a good story in the right sector at the right time. I bought into Western Lithium in the mid teens and sold in the .70s-.80's. A nice run up but the company failed to follow through and get the mining permits and financing for the lithium processing facility.

I think with the timing here that this company could see $1 next year if the EV business continues to expand as well as the energy storage battery business. The outlook for lithium on world markets currently is about 10% rise in lithium carbonate prices every year into 2020. The prices have risen from about $5500 a ton to about $6500 currently. Demand is increasing worldwide (especially in China) and the supply chain is not growing fast enough to supply increased demand....so everything involved in lithium mining and production should have a pretty good chance of increasing this next year.

I feel if this company doesn't dilute the shares before it reaches a buck that they have a good chance to find financing for their project in Nevada. Rather than dealing with some new fangled processing they are proceeding with traditional lithium evaporation technology. Their property is in proximity to Rockwood so there is a proven resource there. I am sure that once the companies stock advances into the .20s there will be more interest...buy now in small lots under .10 and I don't think you will be disappointed.