Sep 25, 2016
David Sidoo and his company Advantage Lithium, along with his team of seasoned resource pros, including famed geologist Ross McElroy and Dev Randhawa are helping to lead the Lithium Revolution It's been said that Lithium is the Oil of the 21st century. More and more electric cars are hitting the road leading to geometric increases in Lithium consumption. Prices have tripled in the past year alone and are now ranging from $12,000 to $20,000 per ton. They could go higher still. There's a limited number of places on the planet where Lithium can be found and Advantage Lithium is opportunistically pursuing opportunities at many of them.
Permitting for these mines is much simpler than other resource plays as governments welcome and try to foster the transition to clean energy. The Company's Clayton Nevada project holds much promise along with scarce high quantity water rights, a seemingly unbeatable combination. The Company is also exploring projects in Mexico, a relatively untapped potential source that holds much promise.
As David said, he and his team are in it for the long haul and are looking to build value and a world class company. They may just have the right formula for high-powered returns. We look forward to a long partnership with them.
Check them out at AdvantageLithium.com. Share traded on the TSX.V symbol AAL.