Developing assets in two of the hottest market sectors
Good day everyone,
We are initiating coverage of U.S. Lithium Corp. (OTC: LITH), an exploration and development company focused on lithium and related resources for the rapidly growing energy storage industry and making inroads into the cannabis/C-B-D sector.
Current price $.34 per share
Outstanding shares (est.) 4.71 million
Float (est.) 3.5 million
LITH is developing the assets it’s acquired in two of the hottest sectors; lithium/cobalt mining and cannabis/C-B-D. The demand for both of these products is increasing exponentially as batteries containing lithium and cobalt are increasingly used in all the electronic devices we use from phones to automobiles. The C-B-D market is gaining mainstream popularity as science continues to prove the health benefits of the product.
The company has three main projects in development:
Lithium: The ELON claim block consists of four 20-acre placer claims and is located in Esmerelda County, Nevada, and is contiguous to claims held by both PURE Energy and Lithium X in Clayton Valley. Clayton Valley is home to Albemarle’s Silver Peak Lithium Mine, the only mine producing lithium from brine in North America. Both PURE Energy and Lithium X are actively exploring their respective claim blocks in Clayton Valley.
The Clayton Valley area has been the focus of significant levels of exploration and acreage acquisition in recent months and is considered to be one of the best places for lithium exploration in North America.
Lithium: The Gochagar Lake property has grades of up to 3.92% Nickel, 0.70% Copper and 2.86% Cobalt as reported by the Saskatchewan government (Mineral Property # 0880). Historical resource estimates (non-NI43-101 compliant) were generated in 1968 and 1990. The 1968 resource for the Gochagar deposit calculated 4.3 million tons grading 0.30% Ni and 0.08% Cu. J.S. Steel, reported in 1990, that vertical and longitudinal sections were constructed from the existing data and an orebody with reasonably well-defined limits was defined containing 1,770,000 tones at 0.735 nickel equivalent.
The Company is undertaking a complete digital compilation, reprocessing and reinterpretation of all available data in and around the Gochagar Lake area. It is utilizing all of the latest available technology and one of the world’s leading massive sulphide experts to bring the project up to modern standards. This phase of the project is expected to be completed in 4 to 8 weeks with an initial NI 43-101 report and proposed drill program to follow shortly thereafter.
According to Markets and Markets, the global lithium market is expected to reach $5.87 billion this year.
Cannabis/CBD: iWeedz.com search engine will be a cannabis information resource that connects consumers with vendors or likeminded individuals. iWeedz will streamline the process of finding the right strains and products for your ailments comfortably, fast and simply. Whether you’re new to cannabis, a medical marijuana patient, or simply a recreational consumer, iWeedz is the perfect destination for you!
iW eedz.com for vendors will be a cloud-based solution to manage inventory, post daily deals, attract new customer with proximity marketing via mobile phones, engage with customers via email & text messaging and offer payment processing.
Last month, the company advised in a press release that it would explore further strategic investments in the Cannabis/C-B-D sector.
C-B-D is in a unique position compared to other nutraceutical or supplement ingredients for two reasons: 1) as an active ingredient in cannabis, it has a history of health and wellness use with demonstrated evidence of efficacy, and 2) it is one of the few natural remedies with scientific support for the claims being made about its curative powers.
According to the Brightfield Group, C-B-D sales in the US are projected to grow from around $600 million in 2018 to $23.7 Billion by 2023.
We’ve included a link to the company press release – https://finance.yahoo.com/news/us-lithium-corp-evaluating-acquisitions-123010234.html
What we like about LITH shares:
The company is involved in two sectors with extraordinary CAGR forecasts for the near term.
The tiny float and market cap. We believe the company could support a market cap at several multiples of the current level of only $1.6 million.
LITH has virtually no debt.
As the chart below indicates, LITH shares have crossed both their 50 DMA and 200 DMA of $.328 and $.28 respectively. This can be an indicator of shares seeking a higher price level.
We are working on a full updated report which will be available by Friday 01/17/20.
The Traders News Group
TradersNewsSource.com collects your contact information to keep you informed about updates to our web site, newsletters and social channels. All information is kept secure, with only authorized employees having access.
TradersNewsSource.com does from time to time, issue releases to subscribers as “Feature Reports” that may be related to our content partners or advertising sponsors.
We do not sell your contact information to other organizations for commercial purposes. We will not release your email address to anyone, unless you specifically give us permission to do so. Should you decide in the future to unsubscribe from TradersNewsSource.com at any time, simply follow the instructions located at the bottom of each newsletter edition. Your email address will be kept strictly confidential, and will never be shared with anyone for any purpose of any kind.
Regarding Google ads:
ALL STOCKS INVOLVE RISKS AND THE POSSIBILITY OF LOSING ALL OF YOUR INVESTMENT. PLEASE CONSIDER ALL RISKS BEFORE INVESTING.
Traders News Source is a wholly owned subsidiary of Traders News Source LLC, herein referred to as TNS LLC.
Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities.
PLEASE NOTE WELL: TNS LLC and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.
Release of Liability: Through use of this website viewing or using you agree to hold TNS LLC, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TNS LLC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TNS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead TNS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. TNS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and TNS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled.
The Private Securities Litigation Reform Act of 1995 provides investors a ‘safe harbor’ in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be “forward looking statements”. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as “projects”, “foresee”, “expects”, “will”, “anticipates”, “estimates”, “believes”, “understands”, or that by statements indicating certain actions & quote; “may”, “could”, or “might” occur. Understand there is no guarantee past performance will be indicative of future results.
In preparing this publication, TNS LLC has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. TNS LLC’s parent company has been compensated fourteen thousand dollars cash via bank wire by World Wide Media Group LLC for this weeks coverage of LITH. The advertisements in this website are believed to be reliable, however, TNS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. TNS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure.
TNS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. TNS LLC is not a Broker/Dealer and does not engage in high frequency trading.
Copyright © 2020 Traders News Source LLC, All rights reserved.