Barrel Energy Inc (BRLL)

[brucebill]

...........PLEASE READ ............OTC STOCKS #1 BRLL
Barrel Energy Inc continues to gain momentum after rallying at the end of November. The share price of the Pink Current stock has surged more than 70% over the last five trading sessions to trade at $0.076, the highest in over a year.

BRLL is one of the main Lithium plays in the OTC market. The $25 million company is focused on several ventures within the green energy and batteries minerals sector and the rapid development of valuable production opportunities throughout North America and abroad.

BRLL CEO Craig Steven Alford was also the founder of American Battery Metals Corp (OTCPK: ABML), a big winner for Insider Financial subscribers last year. We first told our subscribers about ABML in 2020 when the stock was trading under $.06 a share, which you can read here. Eventually, the stock surged to about $4 in February 2021 during the stock market rally.

As for BRLL, it peaked at the beginning of last year near $0.8 and has been under bearish pressure since then.

Nevertheless, even though the company’s financials are not in good shape, BRLL has a great share structure and leverages one of the most important raw materials, which is Lithium. Recently, a report from KPMG concluded that Lithium demand would keep soaring.

National Mining and Metals Leader at KPMG Australia, Nick Harridge, reportedly said:

“Lithium investment is really just beginning to meaningfully increase. Mining investment is increasingly turning towards it and other critical minerals. Given that the price of lithium has surged in the last year, the incentive to invest further in lithium production and circularity remains very high.”

BRLL started to rally after Nevada-based China Dongsheng International Inc. (OTCPK: CDSG) updated the exploration program for its West End Lithium (WEL) project, announcing a partnership with BRLL. CDSG relies on BRLL’s highly innovative Lithium extraction methodologies for clay-hosted deposits.

The WEL claims are located in Nye county Nevada, just 6 miles northwest of Tonopah, and sit directly within the surrounding outer boundary of the TLC Project developed by American Lithium Corp. (LI.V) (OTCQB: LIACF).