Tuesday, November 15, 2016 2:23:13 PM
Made public after close yesterday
Conclusion
At its current market value, Alix Resources is my top pick amongst micro-cap junior explorers focused on lithium. I believe that the Lithium Australia NL's story will materialize and SiLeach™ will prove to be a game changer in the lithium extraction game. AIX will benefit from any success derived from LIT's experimentations with clay-based material, not only for the market valuation of the Electra project itself but also on a going forward basis as it owns 10% of a potential technology.
I don't see a path for Alix Resources to reach producer status in the foreseeable future. Although I believe it can significantly appreciate with additional partnership agreements and resource definition.
Disclosure: I am/we are long ARXRF.
Stocks: ARXRF
Here is link
http://seekingalpha.com/instablog/31984485-vincentld/4932724-alix-resources-gem-buried-mexico [B]
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM