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Thursday, January 27, 2011 8:35:14 PM
I see what you mean...
Did some more research...the United States, Canada, Chile and China are the biggest producers of Lithium. The X factor is getting the product to Market as there are many huge holdings also in both Bolivia and Afghanistan. Bolivia has limited infrastructure, Afghanistan is at war and the other factor is China is protecting its supply. China, India, Japan and South Korea are looking for sources. However, Chile supplies at present 40% of the Worlds Lithium and is not at full production by any means. It would seem to me that without production equipment etc...on site. The fastest way to market would be through someone that is all ready there...Get where I'm going. These guys India, Japan and South Korea are odd man out for any supply right now. All in the process of producing Electric Cars...the catch is cheap Lithium...not to say that China and the United States doesn't need more...
Conclusion: If we're holding paper on land...someone coming to get it...my only problem with the take over thought is it ain't going to be cheap...but then cheap to some is anything under 1. But then they might not be looking for cheap. MMTE however just might have one of the largest and richest holdings out there at this time, and the only company under 2 dollars/share... MMTE however might just need to get hitched...rack them up boys and girls price of admission just went up...No cheap dates in town this week were looking for a meaningful relationship!!
IMO
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