Patten Energy Solutions Group Inc (PTTN)

[kyle_anderson]

AMEL getting promoted by "Penny Stocks" starting January 25, 2013 @ 8:30 AM

Some quick due diligence for Amerilithium Corp.

O/S: 113,758,776 shares as of November 14, 2012

Market tier: OTCQB
Market Capitalization: $1,330,978

This is one of the newsletters I got (at 8:30 AM CST) in my inbox:

Bottoms In.. Bottoms Up

Good Momorning Traders

If you want to capatize on what looks like the begining of another beautiful bottom bounce look no further then OTCQB AMEL

AMEL is a US based lithium exploration and mining company dedicated to powering America's Energy future.

Amerilithium Corp. is a Lithium mining and exploration company that has grown its footprint impressively to become one of the largest lithium portfolios in the industry... and they're not done.

AMEL has current projects in Nevada, Canada and Australia... that represent an aggressive acquisition and exploration strategy of 727,779 acres.

The Company's Australian holdings may contain Gold allowing AMEL to expand and catapulting Amerilithium into a new industry.

AMEL teamed with the Australian-based Strategic Resource Management Pty Ltd in a joint venture to explore the Australian territory with the intent to find not just lithium but gold reserves as well.

Nevada Projects

Paymaster Project - 5,800 Acre Claim
Clayton Deep Project - 6,640 Acre Claim
Full Monty Project - 5,400 Acre Claim
Jackson Wash Project - 2,450 Acre Claim

Alberta, Canada Projects

Americana Property - 664,049 Acre Claim

Australia Projects

Bare Rocks Project
Hoffman Hills Project
Normans Lake Project

If your not familar with Lithium, its a lightweight metal used in a wide range of consumer products all over the world

Medical Industry - uses lithium as an anti-depressant
Industrial - uses include glass, ceramic porcelain enamel manufacture
Aviation Industry - uses lithium in alloys

Of particular interest, is the use of lithium for battery production which has expanded significantly in recent years due to rechargeable lithium batteries being used increasingly in electrical tools and in the rapidly expanding portable electronics market.

Also, the next generation of hybrid and electric vehicles are being designed to use high-capacity lithium-ion batteries as environmentally-friendly fuel alternatives.

And, the Obama administration has introduced $5 billion in funding and incentives for the development of a secure, domestic battery industry with special focus on lithium-ion batteries.

Amerilithium Corp. OTCQB AMEL

The RSI has come down to oversold levels and is now moving back up showing a soft bullish uptrend.

Also, there is solid Support at $0.01 which was the starting point of a previous uptrend... and now bouncing again

Finally, a very bullish signal we're finding is... you'll recognize that the MACD has come down under the zero line, created the max spread between the signal line, and is now flattening out showing a reversal in direction.

Be Ready.. Trade Smart.. Smarter And Have a Profitable Day

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If you would like to see the promotion performance history for this promoter, you can visit my board and view a similar but more detailed post there.

I use custom software that tracks all major stock promotions and keeps records of their performances. I am NOT affiliated with any stock promoter and I provide this information as a courtesy to supplement your own due diligence.