Good Morning all!! Brief summary of happenings here at MMTE..
* For two years William Lieberman has been building this company by acquiring 24,000 acres in the Lithium rich Atacama desert.... right now depending on the outcome of drill results land value is from $10,000 to $30,000 per acres. In previous NI testing the land has done very well
Salar de Pujsa: "concentrations average between 500 to 750 ppm lithium and 9000-10000 ppm for potassium and is the largest lithium brine mined in the world."
* William continues to acquire land, and has financial backing from a large Canadian investment institution.
* William put up almost a million dollars of his own money to
acquire Compania Lithium Investments Limitada., our Chilean subsidiary that MMTE owns (see August 2011 financials)... he will need to hit .07 to come out even.
* Our Chilean law firm, www.philippi.cl is ranked tier 1 by Chambers and partners:
www.chambersandpartners.com/UK/Firms/2407-44631
* Our 1% owner of CLIL is Juan Paulo Bambach Salvatore, he is
well known in Chile as a expert in mining law, and is a partner at Philippi et all.
Philippi, Yrarrázaval, Pulido & Brunner
This full-service firm is widely recognised for its expertise in mining and offers clients well-rounded and comprehensive counsel. Recent areas of focus have included advice on exploration projects, financing, acquisitions of mining assets and transaction negotiations. The firm has been advising a number of different Australian and Canadian mining companies on major iron projects. It recently assisted Minera Activa, a subsidiary of Chilean investment bank LarraínVial, in the setting up of a USD10 million fund to acquire mining assets in Chile. Department head Juan Paulo Bambach is widely recognised for his comprehensive knowledge of mining law and also receives strong praise for his client service.
* MMTE is now poised to move to the next level... up-list and JV, or JV/Merge. It has been stated by our CEO that Jan/Feb will be a very good time for MMTE investors.....
* William appointed Maurice Colson (director Lit One) as his first member of his advisory board. Maurice has an extensive list of accomplishments - one only need google him to see his bio. Maurice is a major player in the mining world.
*** MMTE is being courted by several operating mining companies in South America ~ the value of the 24,000 acres in the Li Triangle and MMTE 's 5,000 shareholders make MMTE a serious acquisition for any prospective partner ***
From Rockyracoon ~
1. Over the last 2 years WL consistently releases news the 24th 25th 26th of each month.
Its comming...soon
2. I believe additional Chilean consessions are completed. I susspect they are nessisary to enhanse a merger position.
The merger is higly peobable...
3. Nery likely there will be a JV or merger annoucement comming in Feb.
Multiple indicators...
4. It is also logical for 2 or 3 JVs and an uplisting before a merger.
5. There are many ways to effect the stock structure under these conditions.
Feel free to add what I've left out peeps!
Welcome to all newcomers and old friends alike !!
GO MMTE !!!!
AI
