Approximately 25 cents of each dollar you spend on Lottery tickets goes back to the state as aid to education and helps to provide a brighter future for all of our kids.
Disclaimer: The principals of do not hold share positions in companies mentioned in this article.
But Hidden Lake is something of an exception.
However, investors are offered the most leverage to much higher share prices by betting early.Its early days yet.92 Resources is an obvious example.Before a decades-long slump in lithium demand took root during the 1960s, past explorers made impressive headway at the Hidden Lake property and its vicinity.This helps explain why the company found a handful of grab samples (rocks at surface) that have assayed as high.06 lithium oxide, and collectively average.54.Canada is a vast country where lithium discoveries have historically been mostly passed over in favour of gold, and industrial metals like copper, nickel and zinc.Since early January, it shot up from around 40 cents to CDN.98 (more than a 480 gain) and has currently consolidated at around.42, which is still up over 340.In fact, lithium is fast becoming more lustrous to investors than gold.
After all, the northern Canadian property is situated at the heart of an old lithium mining camp from a bygone era one thats not far from Yellowknife.
Tesla Motors is leading the way in the.S.Lamoureux also points to a 1977 geological assessment of the Hidden Lake property and adjacent prospects.All of this promises to be a boon to successful lithium explorers here in North America, especially since the.S.In other words, companies with bright prospects make money in college that are still in the early stages of their exploration/developmental timelines fit this optimal risk/reward profile.When you play the lottery, everyone wins.Unfortunately, our website is currently unavailable in most European countries.We continue to identify technical compliance solutions that will provide all readers with our award-winning journalism.
It suggests their combined potential to host at least 49 million tons of high-grade lithium (averaging.40 lithium oxide).
Another advanced-stage success story in-the-making is of course Nemaska (TSX.
And at a time when states are looking for new ways to generate revenue to support quality education, expectations are even higher.
Some small-scale historic drilling also revealed mineralized grades to a depth of 150 metres that are comparable to ones encountered by near-surface sampling.
Its share price was a star performer last week (up over 175 at one point) on very heavy volume.