Followers | 822 |
Posts | 163138 |
Boards Moderated | 6 |
Alias Born | 09/23/2009 |
Thursday, June 14, 2018 8:36:51 AM
In January, Tesla put Chilean lithium assets back on the map when they sat down and negotiated additional lithium quota from top global producer, SQM.
Any serious lithium explorer would do well not to overlook Chile as an exploration target. Firmly entrenched in the lithium triangle and containing the largest reserves in the world. In terms of reserves, Chile accounts for 47% of the global base.
However, in a look at the country's production contribution, Chile is behind Australia and contributes only 33% – and most of this is coming from one firm, SQM! This means there is room for further in-country exploration and investors should look closely at Chile's potential.
This is exactly why Lithium Chile (TSX.V:LITH) (OTC:LTMCF) presents an exciting investment opportunity and why their market cap has grown from $30 million to $85 million in 18 months on increasing land values.
$LTMCF $LITH
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM