lithium miners

[drillfix]

Man, hey Oz, that sure is one heck of a Gap Up...lol

Well done buddy, your on a gravy train there

[whirly]

Wow - I'm too slow. Well done on ORE

[shasta]

Thanks Oz, sounds promising. I'll check it out.

Lithium article off Kitco for those interested

http://www.kitco.com/reports/KitcoNews20100322A.html

[shasta]

Lithium article off Kitco for those interested

http://www.kitco.com/reports/KitcoNews20100322A.html

Lithium article mainly about RDR, but with industry background & comparisons to other companies

A good weekend read

http://www.reedresources.com/reports...rten-Apr10.pdf

[Aotea]

Hi all,
Can anyone advise what company is looking at lithium brine exploration in Mongolia?
cheers

[shasta]

Hi all,
Can anyone advise what company is looking at lithium brine exploration in Mongolia?
cheers

Yes its GMM from memory (or NMN)

[Aotea]

Cheers Shasta...GMM it is! Your memory is clearly better than mine...does anyone hold GMM or have an opinion?

[shasta]

Cheers Shasta...GMM it is! Your memory is clearly better than mine...does anyone hold GMM or have an opinion?

They have an alliance with GXY, which will help them with the lithium project, only ~40m shares on issue & a market cap of ~$5m (nearly $3m cash last qtr)

Still very much in exploration mode, & i would envisage GXY taking them out at some stage

[KentBrockman]

They have an alliance with GXY, which will help them with the lithium project, only ~40m shares on issue & a market cap of ~$5m (nearly $3m cash last qtr)

Still very much in exploration mode, & i would envisage GXY taking them out at some stage

Shasta, I remember you were big on ADY (ha, weren't we all!). Its implosion was a good lesson, and should be a textbook example about shoddy company leadership for share market novices. While ADY was all hype and lies, ORE got quietly on with business and look where their holders are today.

Anyway, I was wondering out of pure curiosity if you know what happened to ADY's lithium assets? Did the MD (was his name Phil Thomas?) end up with whoever bought the rights to their permits (which would be outrageous)?
What a sad story ADY was....

[shasta]

Shasta, I remember you were big on ADY (ha, weren't we all!). Its implosion was a good lesson, and should be a textbook example about shoddy company leadership for share market novices. While ADY was all hype and lies, ORE got quietly on with business and look where their holders are today.

Anyway, I was wondering out of pure curiosity if you know what happened to ADY's lithium assets? Did the MD (was his name Phil Thomas?) end up with whoever bought the rights to their permits (which would be outrageous)?
What a sad story ADY was....

Yeah a $US45b resource sold for ~15m odd to cover a debt issue, i dont remember it being to a related party though, from memory could have been the people behind QGC & VPE.

Whoever it was got a bargin, & ADY were foolish to get into the position in the first place (I mean sueing your JV partner, WTF?)