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Monday, 12/04/2017 11:03:40 AM

Monday, December 04, 2017 11:03:40 AM

Post# of 609
Codelco search for a Maricunga lithium_partner_grinds_to_a_Halt.
On November 30 I predicted Codelco CEO Nelson Pizarro Click here would come back from China empty-handed on his quest to entice Chinese investors to bid on the Codelco Maricunga lithium property without the key involvement/cooperation of our JV partner MSB. Well folks that is exactly what happened.
Click here for Spanish announcement of search shutdown.
Click here for Spenglish announcement of search shutdown.

This article has Codelco citing the involvement of a key "third party" as critical/necessary to making this Codelco search for a lessee/buyer/JV-partner on their Salar de Maricunga property before Codelco can move forward... so the March 2018 consummation of a new lessee/buyer/JV-partner for the lithium property is dead in the water.

And we here all know who that critical/necessary "third party" is, heh-heh... it is our JV partner Martin Borda of MSB. To now say MSB/LPI/Bearing is now in the "Driver's seat" for development of lithium mining in Maricunga is a major understatement. We, or more precisely Martin Borda & Company, now control this deal/opportunity top to bottom.

The Doctor

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