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Re: Screech691 post# 386

Thursday, 06/14/2018 8:36:51 AM

Thursday, June 14, 2018 8:36:51 AM

Post# of 405
Chile the Next Frontier: Untapped Limitless Potential

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