Tuesday, November 28, 2017 11:07:08 PM
See my tweets at Joe Lowry of Global Lithium here about the Australian company that says it plans to mine at the Piedmont Lithium Project in North Carolina, USA: https://twitter.com/CoryGroshek/status/935701575657500672
The CEO, "Keith Phillips" is the same William Keith Phillips fined $80K and suspended by the SEC in 2010 for aiding and abetting violations of the law by Morgan Stanley, having to do with misleading investors relative to the qualifications of the advisers he recommended to them (which turned out to be just one person, instead of the three requited, in a major conflict of interest).
Worse, we possibly have a coordinated Pump and Dump w/ ticker PLLLY going on here, with RK Equity's Howard Keith, known as LithiumIonBull on Twitter, being paid to promote Piedmont stock (he admitted this to me on the phone, as he was trying to get me to buy some of the company's ADRs, which just got onto the OTC markets), which, by the way, dropped from a high of $19 on 11/7/17 all the way to what is now only $14.
The company only has some "drilling results", but has not mentioned any plans to build a mine or a lithium processing plant of their own, and the CEO ("Keith Phillips"), as told to me by Howard Keith, was talked into taking the CEO gig by Howard Keith himself, despite Keith Phillips having ZERO mining experience and ZERO knowledge of lithium until 3 months ago.
I have reported Howard Keith to the SEC. I would advise you to stay as far away from Piedmont Lithium as possible at this time.
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