LITHIUM Stocks fertile ground

[SCHUMACHER]

Anyone up with the play on ADV. Why the big drop? I know they had a CP recently but SP still seemed positive straight after.
Small holder.

the market perceived the ADV 22 June results to be not as economical as thought - more investigation is required here - even though the anomoly was open t all directions market said whatever yawned and proceeded to SELL lol but - grades were expected to be better than overall grade of 1.3% - this questions the economics - market said "so what" and shareprice got hammered - also the lithium environment has attraced every rock chip sample company claiming LITHIUM in spades however as we know from previous experience only those who can firm up and back up their findings will survive in the lithium bubble ( if you want to call it that lol) and there are plenty of wanna bee outfits so JORC compliant is necessary as with any commodity which requires lots of exploration money / share dilution as a result of Capital raising and drill rigs onsite

ADV still has good potential but its a case of " show me the money"

Significant grades of Li2O returned in all samples with an overall
average lithium grade at 1.3% Li2O.
 60% of all drill samples returned lithium grades above 1.0% Li2O
(average grade 1.8% Li2O) while 38% of samples returned grades of
more than 1.5% Li2O (average grade of 2.2% Li2O).
 Hole RL-16-06 intersected 70 metres of continuous Li2O
mineralisation with an average grade of 1.7% Li2O including:
 15m at 1.7% Li2O from 7m down-hole, including 6m at 2.2% Li2O
1m at 2.7% Li2O and 1m at 3.8% Li2O;
 9m at 2.0% Li2O from 24m down-hole, including 3m at 2.3% Li2O
and 1m at 2.5% Li2O;
 7m at 2.3% Li2O from 34m down-hole, including 4m at 3.1% Li2O
and 1m at 3.6% Li2O.

[Joshuatree]

http://business.financialpost.com/n...man-subsidiary-weve-taken-off?__lsa=6b77-ccbb

[SCHUMACHER]

CXO - CORE EXPLORATION
Announcement released yesterday afternoon - presentation
http://www.aspectfinancial.com.au/do...A==&popup=true


looking good people - just need to clear 3.8c and she should run hard - been consolidating around here for a week so primed and ready for next run - going to be interesting thats for sure and the CXOOA options should move up soon as they are lagging way behind now

for those who dont know - the capital raising price to sophisticated investors was 4.2c so a bargain at the moment
I think the first breakout will head towards 4.5c which was a previous high and if we clear that then a bit of blue sky territory - dont forget it was at 6c not too long ago back in April so lots to look forward to with CXO and im certain patience will be rewarded

I think that those trading for a few pips will potentially miss the bIG run


oPTIONS are good play for the medium term for better leverage \\

GLTA

[SCHUMACHER]

Guys/gals - what are CURRENTLY 2 of your personal FAVOURITE Lithium and/or graphite plays that you like and brief paragraph explaining why you chose them ( give us readers current progress / asset they are developing and a few drill results and mineable grade info) - care to share?????

May be interesting to readers

[shasta]

Lithium plays, my fav

http://stocknessmonster.com/news-ite...E=ASX&N=783301

Above presentation spells it out, i like them due to the timing of the production, there management credentials and how advanced they are, yes they are a 200 mcap stock , but a lot of the mining uncertainty and risks have been mitigated with the off-take agreements.

I'll have a look through my watchlist for others graphite/lithium plays, this is certainly the most advanced im tracking.

[shasta]

This next one might be more to your liking Schu, a stock i've mentioned many times over the years.

MLM - Low EV sub 7m, and the sum of the parts are way undervalued, bauxite, graphite, nickel and they looking at bauxite production in 2017.

Wouldn't take too much for this to double its SP, even selling the former jewel in the crown the nickel project, given they will never be able to finance such a large project themselves.

I have a few of these types of stocks on watch too...

[Joshuatree]

Thanks shasta. To add ; the ticker is AJM. DFS due any day.Spodumene plenty of cash re $25 mill from cap raise? Shorting and traders games?.Re 1.2 billion shares plus options?Lot of shares and dilution.Lot of cap raises maybe.

Holding ORE and EMH. Ore getting up to $17,000 plus!!! per tonne atm for its highest grade of lithium carbonate

[Joshuatree]

Buffett into Lithium http://www.profitconfidential.com/s...c&utm_medium=twitter&utm_source=socialnetwork

[silu]

Thank you all for posting in this thread. I'm currently in the process of buying shares in Lithium stocks and there are a mountain to choose from. I appreciate your input into this as I have absolutely no idea how mining stocks work as the only one I ever held went belly-up.

Currently watching AJM/ADV/EMH/ORE looking for entry. You guys think I'd have all bases covered with these?

[Aotea]

Thank you all for posting in this thread. I'm currently in the process of buying shares in Lithium stocks and there are a mountain to choose from. I appreciate your input into this as I have absolutely no idea how mining stocks work as the only one I ever held went belly-up.

Currently watching AJM/ADV/EMH/ORE looking for entry. You guys think I'd have all bases covered with these?

My pick- Galaxy. They have upside about to be announced with SDV. (disc: Hold GXY and NMT)