TRADING OPPORTUNITY – ILI.V

A significant quantity of ILI.V shares was traded today at $0.045, setting a new 52-week low, but representing an excellent opportunity for both traders and those with a longer-term view looking for a bigger gain. We bought significant quantities in multiple trades at $0.045. This is a company that we are perfectly happy to hold if the market drifts lower in the short term, being of the view that it will move sharply higher in due course. For traders, it should be possible to realize a 33.33% gain by selling the stock at $0.06.

Don’t ditch the lithium space #6

This spring has seen some pretty exciting developments at Ford Motor Company, with a $1.8 billion investment in Oakville, Ontario beginning in 2024 to transform their assembly complex into a Canadian hub of electric vehicle manufacturing. Ford is planning to manufacture two million electric vehicles globally by the end of 2026.

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TRADING OPPORTUNITY – LMR.V

Some trading opportunities require little more than time. Lomiko Metals (LMR.V) is a good example, where a patient speculative investor can enter an order to buy @ $0.025, looking to sell @ $0.03 or even $0.035 for a gain of 20% to 40%. This trade is likely to take considerable time to fill on the buy side, but patient traders can achieve the desired result without having to invest their capital while waiting. The sell fill, particularly at $0.03, is likely to be much quicker. The company is in fact an interesting investment in the critical minerals space (graphite and lithium), but extremely early stage, so a longer-term hold might interest investors with the right risk tolerance.

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Rio Tinto’s lithium carbonate plans

Mining giant Rio Tinto today (July 27, 2021) announced a US$2.4 billion commitment to the Jadar lithium-borates project in Serbia. The project is still in its early stages, requiring various approvals, permits and licences as well as proof of process before being in a position to move ahead.

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