Advantage Lithium: Finding Economic Lithium

When David Sidoo is looking for a project he likes to do lots of research. Before beginning Advantage Lithium (V.AAL), Sidoo took a long look at the marketplace. “What’s emerging, what’s being funded?”
When David Sidoo is looking for a project he likes to do lots of research. Before beginning Advantage Lithium (V.AAL), Sidoo took a long look at the marketplace. “What’s emerging, what’s being funded?”
“My job is to increase value for shareholders,” said Phillip Walford, CEO of Marathon Gold (T.MOZ). Increasing value for Marathon shareholders at its Valentine Lake Gold Camp, in central Newfoundland, means drilling. And drilling means a steady flow of results. In Marathon’s most recent release Walford stated, “The high-grade areas tested to date in the Main Zone of the Leprechaun Deposit are much better defined by our recent drilling. Four drill rigs are continuing to add to the resources at both the Marathon and Leprechaun Deposits. We are on track to complete the property-wide resource estimation by early November and begin the PEA.”
“Buy low, sell high” is both the most obvious and most difficult investment strategy. Back in late 2014, Patrick Donnelly, President of First Mining Finance (T.FF) knew one man in the Canadian mining industry who had managed to execute on that strategy: Keith Neumeyer.
Interviewing MGX Minerals (CNX:XMG) CEO Jared Lazerson is like kayaking a level 5 rapid: you try to stay upright as the wash of information rushes over you. Lazerson has a lot to say because MGX has been exceptionally busy.
The recent Government of Yukon, in partnership with Yukon Mining Alliance and Yukon Chamber of Mines, lunch in the heart of Toronto’s Bay Street brought some of the Yukon’s most prominent mining executives together with brokers, institutional investors and analysts from the Canadian financial world.
We’ve followed Gowest Gold (V.GWA) for several years and from the get go it was clear Greg Romain was going to build a mine. Right now, at Gowest’s property north of Timmins, Ontario, an underground ramp has been extended 350 meters. “We’re 100 meters from ore,” said Romain. “What we have been seeing is what we expected. Once we hit the ore zone, we will start mining.”
Having a mineral deposit of any sort is the beginning of the process of building a mine. If your deposit is the right grade, if there is infrastructure and a suitable workforce, if you can design a flow sheet which makes economic sense, you might have a mine.
I met David Erfle on the media tour of the Yukon I was on a few weeks back. Quiet, intense and very, very focused. He has to be because he is trading the junior mining market and runs a subscription newsletter from his site juniorminerjunky.com out of Southern California.
We’ve been talking to Paul Gill, President and CEO of Lomiko Metals (V.LMR), for several years as the company has evolved. Lomiko’s goal has always been to develop graphite properties in Quebec. But like many graphite producers, the questions of timing, grade, purity and CAPEX have all had impacts on Lomiko’s path forward.
Igor Gonzales has been President and CEO of Sierra Metals (T.SMT) since May 1 of this year. With three mines, one in his native Peru and two in Mexico, to oversee he has his hands full. Especially as production at two of the three mines was down in Q2 2017.