Investing BIG in the Saudi Arabia of Lithium/Wealth Minerals
Dear Reader,
Tesla is an unprofitable company that is now worth more than Ford. Ford is a company worth $44 billion that sold 6.6 million cars in 2017 and earned profits in the billions of dollars. Tesla is worth $53 billion, despite shipping only 100,000 cars in 2017, and it’s incurring a LOSS – not even turning a profit.
Let that sink in. Fundamentally, Tesla is generations behind, but the intangible expectations of what is to come are what the market is anxiously pricing in.
The shift to electric vehicles will be an overwhelming trend. Musk himself will tell you that Tesla’s valuation has more to do with future potential than current fundamentals. This is one glaring sign that the market is anticipating a tectonic shift in gas to electric vehicles as technology rapidly catches up to societal expectations.
CrushTheStreet.com has a spotless track record of recommending GREEN ENERGY picks. I attribute it to our team and our meticulous process of vetting companies, but I’m proud to say that our track record for clean energy picks is 100%, with all WINNERS and some massive ones in the mix.
Today, I have another pick that I’m certain will become another feather in our hat.
Picking winners is becoming our specialty, and I’ve identified a new opportunity that I truly feel could be an IMMEDIATE success story, as breaking news is developing.
Once again, I’m placing my bets on a new Chilean lithium play: Wealth Minerals (TSXV: WML & US: WMLLF).
Something you should know is that in Chile, lithium can only be produced by the government, a Chilean state-owned company, or special operation contracts.
In the latest news, Wealth Minerals have announced a joint venture where the fully state-owned National Mining Company of Chile (Enami) will become official 10% partners in the company, qualifying Wealth Minerals as an official player in the Chilean lithium space.
This is news that could lead to compounded success, as we have seen in other companies we’ve profiled here at Crush The Street.
The timing for lithium could not be better, as I believe the trend will create many more millionaires and billionaires.
This is breaking news, and if you are reading this now, you are one of the first to hear about this Earth-shattering news that, quite frankly, could lead to a company takeover and a massive payout for early investors.
Chile is considered the Saudi Arabia for lithium and is the lowest-cost region in the world for lithium production. 35% of total global production of lithium comes from Chile.
Nearly ALL of the world’s lithium comes from just four countries (Chile, China, Argentina, and Australia), with Chile accounting for 1/3rd of the world’s entire production. Being the lowest-cost producer is very important for the entire car market, which is drastically shifting towards electric vehicles.
What Wealth Minerals just achieved with their recent announcement makes this the most serious junior lithium stock on the market.
If you have been on the sidelines up until now with the rest of our suggestions here at CrushTheStreet.com, I ask you to judge me on this one here – I’m staking my reputation on it.
Speculating is where I’ve turned tens of thousands into hundreds of thousands, and even MILLIONS. Never invest more than you are willing to lose, and keep in mind that these markets are not for everyone.
May the odds ever be in our favor!
Prosperous Regards,
Kenneth Ameduri
Chief Editor, CrushTheStreet.com
