Replies to post #443732 on The Hunt for the Next 10 Bagger

[Aragorn1]

OTGI - huge article on OTGI !!!!!

Article on Pinnacle Digest
Lithium Companies

The new gold or just a passing thought

With the meteoric rise of Lithium Exploration Company (LEXG) to a market cap of over $476 million last week was a complete head scratcher.

After purchasing a Lithium brine property last February in Alberta for $90,000 the only ingredient left to create this massive rise was a $1.3 million promotion campaign. From .12$ to $10.00 was beyond a doubt the most successful (if successful is the right work) stock promotion in recent history. Is the company valued correctly even today at $3.12 a share? Let’s let the markets decide that one.

Still hidden from investors view is the quiet little lithium company Nemaska Exploration Inc, (NMX.V / NMKEF). With pre-feasibility study in hand that shows a 15 year mine with a 3 year payback there is one group that believes in this companies future. A Chinese battery producer has offered up to $50 million to provide funding for the new lithium mill in exchange for an off take agreement.

But have investors shared the common sense approach to this future lithium supplier named as the largest lithium deposit in North America? Nemaska currently has market cap of $32 million, and an average daily volume of 135,087. Let’s let the market decide.

Nemaska sits on the edge of a massive seam of spodumene-bearing pegmatite in Quebec Canada and its neighbor Tucana Exploration (OTGI) (market cap $3.8 million) is on strike with this discovery and holds a total of 45 square miles of claims. Tucana Exploration has all the signs of ‘going viral’ next week and the .10$ share price and teenage share prices could very well be ancient history within minutes of the market open on Monday. Where will it end? Let’s let the market decide.

In the back of all investors minds that study future trends is understanding the importance of this rare mineral, whether it comes in brine or in spodumene form it very easily could become one of the most sought after minerals as the world is forced to phase out traditional energy sources for transportation and power storage devices