Read below and what do these 3 companies have in common????
Li3 and Pasco Li3 Energy (OTCBB:LIEG) said Wednesday that it has closed the first tranche of funding with its strategic partner, South Korea-based industrial company POSCO (NYSE:PKX), with the financing round totaling $8 million.
In August, lithium explorer Li3 announced that it had, after months of negotiations, signed a formal agreement with POSCO for the joint exploration and development of Li3's Maricunga project in Chile.
Pan American Lithium Corp TUCSON, Ariz., Sept. 26, 2011 (GLOBE NEWSWIRE) -- Pan American Lithium Corp. (TSX-V:PL) (OTCBB/OTCQB:PALTF) CEO Andrew Brodkey confirmed in a CDTV.net financial radio news interview (http://www.cdtv.net/users/content/lithium-ceo-andrew-brodkey-pan-american-lithium) that the company's recently announced partnership with the Pohang Iron and Steel Company (also known as POSCO) (NYSE:PKX), one of the world's largest steel manufacturers, has entered into an agreement to potentially develop a Chile-based lithium pilot facility. POSCO now has a 19.9% equity position in Pan American
When you look at the BIG picture you might get this! 3 way JV, POSCO comes up with the start cost to mine$$$ Li3 Mammoth and Pan American have concessions. All they need is a mining CEO to run things? WL fits the bill..!
More dots connecting could be wrong but, just these 3 companies are woven together in so many ways.....
IMO
(IMO) Sometimes I'm to the point, and sometimes I'm out in left field. JMHO
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