We have some action happening with international Lithium Corp. today. Stock was traded on the highest volume after its IPO. Mavis Lake Lithium and Tantalum project is under drill now and company talks about two more drill programs to be underway on its new website. Moose in Canada is a lithium past producer and located in the proximity of Avalon Metals Thor lake deposit and Mariana Lithium and Potash Brine project in Argentina is the major crown in company's portfolio.
"International Lithium Corp. ("ILC") a "Clean Tech" lithium resource developer with a global portfolio of lithium assets. It is 29% owned by TNR Gold Corp (TNR:TSX).
International Lithium Corp. ("ILC") currently holds highly prospective projects in the most prolific areas of the world for lithium and rare metals. ILC has recently secured a strategic investor, Jiangxi Ganfeng Lithium Co Ltd, from China, with focus on advancing the core ILC projects."
All lithium developers are at their lows for the year now, but we have some promising action in the space. Lithium One has announced new Lithium and Potash high grade results from Argentina and has moved up today. With all recent QE3.0 talks Risk trade is coming back into play - we expect it to be seen on the CDNX chart soon.
Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company here. Always consult with your qualified financial adviser before making any investment decisions.
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