While you may have had bad luck with Canadian miners, there are many really good stories out there as well (Redback Mining for one).
How did Li3 get to 2 pennies a share? Was it not funded properly at the start? Was it management?
With only 58.5M shares outstanding, I believe post aquisition BRZ is an easy double before New Year's Day (and probably well before then). And this was before I saw the recent Lithium Power valuation breakdown that you posted. Do you not believe their numbers?