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Aus dem Canaccord Morning Coffee von gestern (25.08.2009): First Lithium Resources* (MCI : TSX-V : $0.20), Net Change: -0.03, % Change: -13.33%, Volume: 3,854,758 Basking in Basinal Brines. First Lithium has pulled back since climbing 228% during August 1-18 to a high of $0.295; however, it has held on to a 117% increase month-to-date. Given that junior Canadian lithium explorers and developers rose dramatically in August as lithium mania drove investors to the market, it’s not surprising First Lithium was not buoyed by news that it has commenced research on its Valleyview Property in Alberta to delineate optimal targets for lithium-bearing brine sampling and analysis. Results are expected within two to four weeks, at which time the company will move toward securing the recommended samples for compositional analysis. The company currently holds 41 MAIM permits in Alberta covering a number of reported lithium showings in basinal brines of the Western Canada Sedimentary Basin. These permits mostly cover an area outlined by the Alberta Research Council and Alberta Geological Survey as having potential for a large resource of lithium within formation waters. The Alberta Research Council and Alberta Geological Survey provide an “historical resource estimate” (which is not NI 43-101 compliant) of about 515,000 tonnes of lithium; or about 2.44 billion lbs of Li2O. The company’s nearly 1,000,000 acres covers a large portion of the area described in the report. Greetz xTRADERx Do your own DD! |
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| aus der Diskussion: | Sehen wir hier eine neue LITHIUM- perle ?????? |
| Autor (Datum des Eintrages): | xTRADERx (26.08.09 17:45:35) |
| Beitrag: | 111 von 167 (ID:37857975) |
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