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Re: Bobwins post# 32525

Wednesday, 07/13/2016 2:13:56 PM

Wednesday, July 13, 2016 2:13:56 PM

Post# of 35730
If you want a more leveraged lithium play, take a look at the new warrants listed for Nemaska, NMX.TO (recently moved up from the TSXV.

Here's Nemaska's current corporate presentation

http://www.nemaskalithium.com/assets/documents/docs/Nemaska%20Lithium%20Corporate%20Presentation%20April%2019%202016.pdf

They expire July 8, 2019 with a strike price of $1.50, and with the current share price at $1.21 with three years left, they look like they could be a money-spinner. There is an acceleration clause if NMX trades at $2.25, which will cap potential returns, but even then you would get more than a double by buying the warrant at current prices.

Another of my small explorer/developers, Coldquest aka GQC.V has been on a tear lately too. It's now up to 60 cents a share but I wouldn't be surprised to see them hit the former highs ocer a loonie based on what they finding in their copper/gold properties in the Dominican Republic.

LC

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