Ditto... "Well Cad certainly is in the right place at the right...

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Brant7424

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14/08/16

10:27

Post #: 18513250
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Originally posted by select4wealth ↑

The Model 3 and its stunning one-week sales success—apparently achieved without advertising or paid endorsements--brings the electric car definitively into the mainstream, and there is no turning back now. Competitors will step up their game and the electric vehicle rush will be in full throttle—so will the war to stake out new lithium deposits.
The lithium business is not a flash in the plan; it is here to stay, and I am looking at it like the start of the oil boom in the U.S. when there were oil rigs and derricks nearly every 50 feet,” industry veteran Bell told Oilprice.com
http://oilprice.com/Energy/Energy-G...ts-Up-After-Epic-Launch-Of-Tesla-Model-3.html

Tesla to accelerate lithium demand. In recent weeks, Tesla has put a bright spotlight on the lithium industry with multiple announcements. Tesla’s “Master Plan, Part Deux,” which involves cheap solar panels plus energy storage, is a large wager on a solar/energy storage revolution.

As such, Tesla will require large volumes of lithium. More recently, Tesla’s Elon Musk announced his decision to double the workforce at his Nevada-based gigafactory to bring lithium ion battery production online in a major way by the end of the year to meet strong demand for the production of Tesla’s new electric vehicle, the mass market Model 3, which is slated to be rolled out next year.

Lithium miners in Nevada are smartly lining up to serve the gargantuan lithium demand that is set to hit the market this year and next, and they will struggle to keep up. Lithium carbonate prices have more than doubled from last year’s levels as supplies have tightened substantially.

Well Cad certainly is in the right place at the right time....BLM permits (plural) are submitted ,just waiting for the nod from the BLM dept and drilling commences..

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Ditto...
"Well Cad certainly is in the right place at the right time....BLM permits (plural) are submitted ,just waiting for the nod from the BLM dept and drilling commences.."

GLTA

CAD Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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