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Monday, 08/06/2012 1:37:49 PM

Monday, August 06, 2012 1:37:49 PM

Post# of 155602
Working on a JV!

Definition of 'Joint Venture - JV'

The cooperation of two or more individuals or businesses in which each agrees to share profit, loss and control in a specific enterprise.



Mammoth Energy President Leaves for Canada to Negotiate Lithium Joint Venture Agreements
http://ih.advfn.com/p.php?pid=nmona&article=53595891

Read this post to the bottom.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78225590

See picture of Maricunga and the note above. Those doing DD can totally see what our opportunity is here. This is your chance.

Re-read the this PR.

Note the value that 31,000 acres represent on the negotiating table
Note the strategic move for a Chilean magaement team.
Note the sense of urgency, due to the CEOL timeline.


Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that Company President William Lieberman is leaving next week for Canada for the purpose of negotiating lithium off take and joint venture agreements.
William Lieberman, President of Mammoth, stated, "Our trading activity correlates with an equity capital raise with an institutional fund where the Company raised $220,000 USD for the purchase of MMTE's lithium assets a year ago. The Company believes that the assets have increased five times in value. In contrast to other companies that claim to be in the lithium sector yet do not possess lithium assets, MMTE actually has titles and deeds for its assets which are available for verification through the Chilean Mining registries." He added. "Investors from JPMorgan Chase & Co. to BlackRock Inc. are trying to create revenue from the exploding popularity of iPads and increasing sales of hybrid cars by investing in producers of lithium for batteries," said Lieberman.
MMTE believes that the market is definitely moving forward for the lithium asset seller and the Company's focus is on getting the highest price for its lithium assets. MMTE is in the lithium business to implement the most lucrative arrangements for increasing shareholder value. It is fortunate for us that lithium prices are escalating so rapidly while worldwide supplies are so critically short.
Additionally, the Company is in the final stages of hiring South American, Chilean based management including a new President who will be able to implement many of the strategic goals for the Company.



Question is who will you believe when the JV PR comes out?

MMTE's concessions are well positioned including the hottest new prospect, the Maricunga, undoubtedly one of the prizes of the CEOL award.

Bidding War in Chile for Lithium May Create Boost for Mammoth Energy Group
http://ih.advfn.com/p.php?pid=nmona&article=53521879

This is only my opinion, not an endorsement to buy or sell anything. Buying stocks is risky; you could lose all of your investment. Always do your DD.

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