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Thursday, February 27, 2014 11:50:09 AM
http://seekingalpha.com/author/retirefund/instablog
There are always reasons to buy or sell a stock. Here are some solid reasons why Rodinia Lithium, currently a penny stock, is a good bet in the "second leg" of the lithium race.
1. Insiders are buying this stock.
2. Rodinia owns three of the top 25 lithium properties in the world.
3. Shan Shan Corp., one of the largest lithium battery suppliers in China, purchased their entire bought deal in Nov 2010, above the asking price, to ensure they are flush with cash to advance their properties.
4. Rodinia's top three properties are all brine properties, with low development costs, in two of the best mining districts in the world, Clayton Valley, Nevada and Salta Argentina (Diabillos). They are also listed in the top 25 lithium properties in the world today.
5. Byron Capital Markets Dr. Jon Hykaway, rated it a strong buy with a target of $2.25
6. Ubika Research issued a valuation report with a Price of $1.12 for Rodinia Lithium.
7. The top electric car company in the world today, Tesla Motors, has seen it's stock rise over 500% in 2013.
8. All major auto companies are either now producing electric cars, or have them on the drawing board.
9. Electric storage for power grids as well as wind and solar power projects is becoming a hot sector at this writing and lithium use in the batteries used in mobile devices is growing worldwide.
10. Rodinia's flagship property, diabillos, is advancing at a time and place where major players are already established and consolidation is only a matter of time.
BM this lads and gents: http://investorshub.advfn.com/boards/board.aspx?board_id=21301
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