Green Spots on a Red Day
The Dow is crashing, well, actually, correcting. Bitcoin is under $7000 as I write.
The Dow is crashing, well, actually, correcting. Bitcoin is under $7000 as I write.
For Ascendant Resources (T.ASND) , 2017 was an extremely successful turnaround year. The Company’s El Mochito zinc, lead and silver mine located in Honduras has been in continuous operations for 70 years but, over the course of recent years, suffered from underinvestment and some neglect from its previous operator. With its recently released 2017 full year production results and 2018 guidance, it is now clear Ascendant is well positioned to build on the strong operational successes of 2017 with tremendous long-term opportunity remaining at El Mochito yet to be fully harnessed.
Strategic Metals and Rare Earths Letter International has updated coverage of Argentina Lithium. Well worth reading:
Very interesting backgrounder on Golden Arrow Resources (V.GRG) operations in Argentina in Resources Global Networks current edition.
Fundamental Research has updated its coverage of palladium explorer New Age Metals (V.NAM).
Vancouver, British Columbia, January 17, 2018 – Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to provide this update on the brine sampling of diamond core hole CAU15 in the south of the previously undrilled NW Sector of the Cauchari JV property located in Jujuy Province, Argentina.
Cartier Resources’s (V.ECR) CEO Philippe Cloutier has worked in the exploration business for over twenty-five years. He understands the potential of prospective properties and he knows that the very best place to find gold is where gold has already been mined. He also knows that to develop and execute a drilling program is expensive. Which is why, when we began our interview, Cloutier said, “Cartier is cash rich, we have 16 million dollars in the bank.”
“Since my investment recommendation of November 17, 2017 at C$ 0.18, the Company’s share price gained 60%. With Argentina home to an advanced nuclear industry and Blue Sky its leader in uranium discovery having expanded the high-grade core of the Ivana target on its 100%-owned Amarillo Grande UraniumVanadium Project, and commencing a resource estimate, the Company, at a depressed market valuation of just US$ 18.0 million, remains to offer an attractive investment leverage potential. As a result, I have increased my 6 months price target to C$ 0.60.”
“The run started on hopes (since dashed) of massive infrastructure investment in the US following the presidential election, but strikes in Q1, which at one point saw nearly a tenth of global production go offline, really set the tone for the year.