A little pullback this morning for BMO Possibly the cheapest Canadian Lithium play on the market. And the best part? PMT is killing it with some seriously impressive results and there's more to come. It's no secret that Canada is the place to be in the lithium market, and BMO knows it. I expect any pullbacks to be short-lived and to continue upward over the next few weeks.
Back in December, BMO announced they had acquired the option to acquire a huge portfolio of lithium assets and royalties in Canada - before the current spotlight on Canadian lithium juniors. With the way things are looking, it's likely BMO will move quickly to finalize the deal.And here's something interesting - the directors recently took a 50% pay cut. That's a sign they're confident in the company's future right? what could be making them so confident?
If they can finalize this deal in the next couple of weeks, the upside could be huge given their current market cap.....
BMO Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
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