The world’s largest lithium producer Albemarle Corporation (ALB) hit a new 52-week high yesterday of $95.79 per share and is now trading with a market cap of $10.61 billion. Tesla (TSLA) announced two weeks ago that their Nevada Gigafactory has begun lithium battery cell production. As TSLA’s Gigafactory production ramps up big in the months ahead – the world is going to quickly face a major lithium supply shortage.
ALB’s nearby Silver Peak is currently the only producing lithium mine in North America, so it is inevitable that ALB will soon be trading for well above $100 per share. NIA’s President believes that he has discovered a lithium stock that will make its members an absolute fortune in the weeks ahead as ALB continues to hit new 52-week highs!
In the upcoming weeks, he expects the stock of Advantage Lithium (TSXV: AAL) to immediately explode from its current price of $0.92 per share to a new 52-week high of above $1.34 per share – followed by a move into the $2-$3 range!
AAL’s Clayton NE Property is directly adjacent to ALB’s Silver Peak Lithium Mine Property and consists of 55 unpatented claims totaling approximately 1,080 acres (437 hectares). On November 1st, AAL began a major drilling campaign at Clayton NE and immediately intersected lithium-bearing brines on its first borehole. Less than one month ago on December 21st, AAL announced that its third Clayton NE borehole was its strongest to date, with peak values of 322 mg/l lithium, within 387.69 metres averaging 243.66 mg/l. These results were comparable to ALB’s brine samples from their immediately adjacent Silver Peak mining operation!
Although we expect AAL to explode to new 52-week highs in the days/weeks ahead due to Clayton NE alone, the main reason NIA is 100% convinced that it will make a HUGE fortune on AAL in the weeks ahead – is the HUGE joint venture agreement they have entered into with Orocobre (TSX: ORL). ORL is the only junior lithium producer in the world! So far, it has revenue of only $15.53 million, yet its market cap is already $913 million!
So that ORL can focus on ramping up production it has decided to farm out all of their key lithium exploration assets in Argentina to AAL! AAL and ORL have entered into a MEGA joint venture agreement to explore/develop ORL’s Cauchari lithium project, which hosts an inferred resource of 470,000 tonnes of lithium carbonate equivalent! It is located just 10-20 km south ORL’s flagship Olaroz Lithium Facility!
AAL will become the immediate owner of 50% of Cauchari with the ability to earn up to a 75% interest in the project! Currently, AAL’s market cap is less than $50 million vs. ORL’s market cap of $913 million! NIA’s President considers this to be the lithium opportunity of a lifetime that will make its members very wealthy in 2017!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has been compensated by AAL a total of $65,000 cash for investor relations contracts. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.