Strategic Asset Leasing Inc (LEAS)

[Rustler]

Let's consider that "value in the land" concept for minute.

The world's most lithium-rich geographical salars do NOT include MMTE's purported "concessions" to relatively small salar portions deep within Chile's most inhosptiable region (e.g., Salar de Maricunga, Salar del Laco, Salar de Pujsa).

Indeed, the world's primary/superior lithium-rich and lithium-producing salars - among which one will NOT find ANY MMTE salar concessions - include: (1) Salar de Hombre Muerto; (2) Salar de Rincon; (3) Cauchari, (4) Olaroz, (5) Salar de Uyuni, (6) Salar de Atecama, (7) Taijanier Lake, (8) Zhabuye, and (9) Silver Peak.

MMTE's "concessions" are not among the world's approximate top ten lithium salar land masses, and as far as lithium-producing salars go, there really are not that many such salars anywhere on the planet. Those facts strongly suggest that MMTE obtained questionable concessions to lithium salar portions of a fairly mediocre quality - at best.

(See, e.g., MMTE Website @ http://www.mammoth-energy.com/projects.php ; Signum Box, "Salar de Maricunga: Project Review," p.5, tab. 3 (June 2011) @ http://www.li3energy.com/projects/signumBOX/IVG-LIEGsignumBOX2011.pdf ; Lithium Investing News, "World Class Deposit" @ http://lithiuminvestingnews.com/investing-in-lithium/lithium-world-class-deposit ; R.K. Evans, An Abundance of Lithium II @ http://www.worldlithium.com/AN_ABUNDANCE_OF_LITHIUM_-_Part_2.html ; New World Resource Corp., "Projects About Lithium," @ http://www.newworldresource.com/s/AboutLithium.asp .)