AMEL has ran up big a few times after my alerts, could it happen again? AMEL is now at a 3 month low so it definitely looks cheap, view the chart yourself.
If you had invested in Standard Oil when gasoline started to replace horses you'd be filthy rich now as Standard Oil eventually became ExxonMobile the biggest oil producer in the world.
The new revolution is starting and lithium batteries is going to eventually replace gasoline cars.
If you read through some of their recent PR's they have been acquiring a lot of assets.
Just in the last few weeks AMEL has acquired 2 Lithium assets in the Nevada Region.
There's been lots of lithium rallies lately, and so AMEL may bounce back hard from the lows.
Some of the gains in other lithium companies recently have been insane:
American Lithium -- gaining 864% in 6 months
Canada Lithium -- exploding 888% in 8 months
Lithium One -- leaping 1,745% in 8 months
Lithium is the new gold and the number of companies that are ramping up their uses of it is staggering!
This is like the 1849 gold rush, and those that get to it first wins.
Most people probably don't realize that it's in their pockets right now. Just about every cell phone battery is a lithium one.
The facts are just staggering!
Sony states in an article entitled, "Sony to Nearly Double Lithium Production by 2010", states they will invest approximately $370MM toward strengthening it's lithium ion battery production operations.
Article: http://www.sonyinsider.com/2008/08/04/sony-to-nearly-double-lithium-ion-production-by-2010/
Apple, which has one of the fastest selling cell phones says, "Rechargeable lithium-based technology currently provides the best performance for your Apple notebook computer, ipod or iphone.
The current new Ipad is selling faster then the original iphones!
Cnet says 1 Billion cell phones are sold every year.
177 million laptops were sold in 2009, all with a lithium battery.
Now that you know how important lithium is, you can understand why AMEL could be a major player in this industry.
AMEL has already acquired a huge amount of acres for their lithium portfolio. The acres amount to approximately ~ 710k acres.
The Americana Property is one of the largest claims of its type in the region, representing ~664,049 acres overlying a potential extension of the Leduc Formation and Beaverhill Lake Group Strata/Swan Hills Formation. These two formations were identified by the Alberta Geological Survey (AGS) as containing formation waters containing potentially economic amounts of lithium.
Matthew Worrall, CEO of AMEL, commented on the Company's latest acquisition by stating, "The entire AmeriLithium team is excited about our Lithium portfolio being expanded by the addition of the Americana Property for several reasons.
I predict that in 10 years every other car that rolls off the lot will be an electric one. The auto industry will be lithium's bigger user.
They have already secured financing for their mining programs! Always do your own research and consult with your financial professional.
http://www.google.com/finance?q=OTC:AMEL
No comments:
Post a Comment