Good afternoon from New Jersey, U.S.A.
What do I like about this company? LITHIUM!
Lithium is the hot metal for the future. Long lasting high voltage batteries will be requires for electric cars to increase milage. Cross over cars using gas and batteries are now in use and with the improvement in technology we will rely less on gas as distance is increased along with battery life. Lithium also has a medical use and lets hope none of us needs to use it that way.
Thats the good part and now the downside. The structure of the company leads one to believe a reverse split is going to happen, no matter who denies it the structure says it all. The O/S shares between 200,000,000 and 500,000,000 would be more appealing. It would seem a merger or some sort of a joint venture is also in the cards since this is more of a holding company then a driller. That means splitting of profits but necessary because half is better then none.
I will be monitoring the progress of the company and will buy in when I am satisfied with the direction its going. Good luck to all, Jerseyfish.
