New World Gold Corporation (NWGC)

[Ecomike]

Regarding the future prospects of $NWGC and its potential Lithium mining-refining-production future one must first understand the past and current methods and huge costs of what others have been and are doing.

Technology is improving and changing at light speed these days.

And when Elon Musk makes a Major right turn buying 100,000 acres of Nevada desert with nothing but clay top soil, heads turn.

The why can be better understood by looking at what historically was involved Capex wise in building a mining and refining operation for Lithium. It was huge.

Here is some key how they do it info, a what it takes (or took?) before the recent Elon Musk news I alluded to for a month here, marketing and how an existing major new operation is being built and laid out. As you read, please ask questions, as this is my world of chemical engineering on the processing and refining side...

This would be considered competition to $NWGC since NWGC is now targeting Lithium.

https://cdn.discordapp.com/attachments/835592042423910451/856555089757601899/litihum_americascorporate-presentation.pdf

I will follow up later with how Elon Musk is making the this an old school dinosaur method of mining and refining lithium over time, because the new Elon Musk/Tesla method could drop Tesla's Lithium costs 40% for what he can produce from 100,000 acres he bought and is building the new Giga-Lithium-Ion-Cathode production plant for in the same desert right next to 100,000 acres of lithium bearing clay top soil in the desert.

Thus my thesis that NWGC is grabbing up land to piggy back what Elon Musk is doing.

That 100,000 acres plant Elon Musk/Tesla is building will not be in full operation for 2 years, and will only add about 5% (?) of the additional Lithium supply Tesla will need for the growing market for Li-ion power....

Thus the Opportunity for $NWGC as a start up to be part of the new low cost Lithium supply chain based on Clay and table salt. The timing is perfect!!!!

Note: Stocks are valued on the basis of speculation as to what they will be in 1-2 years, not on what they were.

Watch for more details and updates all week here.