LITHIUM Stocks fertile ground

[Joshuatree]

GXY and GMM have agreed to merge swapping 1 GMM share for 1.65 new GXY shares to assemble an institutional investment grade company with a mkt cap around A$700 million where most AUS players are little more than penny stocks.

Shares in GXY have appreciated more than 100% and GMM 1,400 %(a 14 bagger anyone in it?). I see Bohemium picked GMM and GXY in the Aus comp and is coming 2nd atm.Hey Boh... did you buy these; i hope so

[cammo]

Anyone in CAD Caeneus minerals at the moment ? Keen to know if anyone is bullish on them.

[percy]

GXY and GMM have agreed to merge swapping 1 GMM share for 1.65 new GXY shares to assemble an institutional investment grade company with a mkt cap around A$700 million where most AUS players are little more than penny stocks.

Shares in GXY have appreciated more than 100% and GMM 1,400 %(a 14 bagger anyone in it?). I see Bohemium picked GMM and GXY in the Aus comp and is coming 2nd atm.Hey Boh... did you buy these; i hope so

I am still holding some GMM.
Sold half on 21/4/2016 at .705 cents.
I note GMM finished at 83cents and GXY at 50 cents tonight.

[macduffy]

More for the lithium sniffers!

https://www.livewiremarkets.com/wires/31760

[Joshuatree]

Thanks mac.ORE and GMM/GXY their picks believing in a long term bull mkt for Lithium demand and pricing.ORE the first new Brine project in 20 years and it takes years to get a project up and running at nameplate.

[percy]

More for the lithium sniffers!

https://www.livewiremarkets.com/wires/31760

Thanks for the link.

[Joshuatree]

Update. Most spekkys have stalled.Producer ORE powering on with sales at up to $17,000 tonne!!

Update on share prices ; haven't looked for dilution etc
12/4/16 26/5/16 7/6/16

LIT 25.7c 21.8c 24c
LRS 0.6c 1c 1.3c Schumacher pick
AGY 1.3c 3.7c 3.8c Brines next to ORE
EMH 25c 25c 37.5c
NMT 45.5c 43c 46.5c
GXY 36c 39.5c T/H today pending acquisition of GMM. Now 48c
ADV 4.1c 3.9c 3.8c
PIO 1.4c 3.5c 3.6c
GMM 56c 61.5c T/H today see above 75c
PLP 1.7c 2.3c 2.4c
ORE $3.20 $4.17 $4.63

Anyone care to put lithium prices up for then and now? If not i will add later.

[SCHUMACHER]

Lithium in fashion as Graphite was recently.
I invested in Ardiden (ADV) in mid March, and they are now up 33% in a month, with no sign of slowing down.
The sweet part of their story is that they hold both Lithium and Graphite, strikes. And they are 'close' to the Tesla giga-site. (low air miles)

From 21/03/16 announcement --
All drill holes intersected the spodumene-bearing pegmatite structures.
50% of the drill core was logged as being spodumene-bearing pegmatite with zones near surface up to 37.5m wide.
150 drill core samples now sent to Actlabs in Thunder Bay, Drilling and exploration plans being finalised for the recently secured
Root Lake lithium-beryllium-tantalum project in Ontario, Canada


Ardiden Limited (ASX: ADV) is pleased to advise that its maiden diamond drilling
program has been completed at the Seymour Lake Lithium Project in Ontario.
....and..
The 100%-owned Manitouwadge Jumbo Flake Graphite Project is located in Ontario, Canada. The Project area is
5,300 Ha and has a 20km strike length of EM anomalies with graphite prospectivity and is being subject to systematic
exploration to determine areas that have potential to be a near-term development opportunity.

Yes i hold ADV - they just raised 3 million over subscribed so all good - expect a run back through 4c soon

ITS IRONIC THEY CAN EASILY RAISE 3 MILLION AND JUST BEFORE WE EXPECTING RESULTS SUGGESTS THE RESULTS WILL BE GRAND !

aNNOUNCEMENT JUST RELEASED !!!!
The Company is expecting assay results from its due diligence drill program at
Rook Lake shortly and is in the final phase of the technical assessment.
Subject to positive results, Ardiden will then undertake further a detailed geological
and structural mapping, trenching and sampling program, in order to develop a
better understanding of the pegmatites and the influence of the surrounding
structures.

Ardiden will also continue the rapid exploration of the high quality Seymour Lake Lithium Project,
which returned very encouraging drilling results during the due diligence review period. The maiden
drilling program at Seymour Lake identified substantial spodumene-bearing pegmatite zones at or
near surface and returned promising lithium grades of up to 5.4% Li2O.
In addition, a technical review has identified new pegmatites structures at the project and numerous
drill-ready targets – providing Ardiden with the opportunity to substantially increase the known
mineralisation zones on the project.

The proceeds of the capital raising will also assist Ardiden to progress additional exploration activities
at the Manitouwadge Jumbo Flake Graphite Project also located in Ontario, Canada and to provide
general working capital.

CONCLUSION
With the completion of the Placement, Ardiden is now fully funded to complete the due diligence
assessment at Root Lake Lithium Project and continue exploration activities at the Seymour Lake
Lithium Project and at the Manitouwadge Jumbo Flake Graphite Project.

The early intersection of substantial mineralisation within the McCombe spodumene pegmatite
structures, which are located near surface at the Root Lake Lithium Project, and the positive drill
results obtained from the Seymour Lake Lithium Project, are very encouraging outcomes and
reaffirms the excellent potential of both lithium projects to host JORC Compliant lithium resources.
Ardiden is looking forward to undertaking the next phase of exploration activities at the Seymour
Lake Lithium Project and to completing the due diligence assessment of the Root Lake Lithium
Project. The Company is hopeful of further encouraging drilling results from Root Lake which will
support the previously reported lithium grades and confirm the high quality nature of both lithium
projects.

The Company looks forward to providing further exploration updates as they come to hand.

[Joshuatree]

EMH up another 14% this morn. too.

[SCHUMACHER]

EMH up another 14% this morn. too.

Thanks Ill check this one out as well