Does that mean Nevada Energy Metals is looking at acquisitions?
Yes. As their mission statement says, they are looking for new Lithium targets. Up until recently, Lithium was one of the only, if not the only, commodities that has experienced higher pricing each year from 2011-2015 and year-to-date. The Lithium battery industry is still in its infancy, now’s the time to strike. It’s like when oil & gas, ‘fracking’ reached a tipping point last decade, fortunes were made.
As I sit here today, the company already has 2 excellent lithium targets. One is an earn-in agreement with Dajin Resources for Alkali Lake and Alkali Flats, about 11 miles from Silver Peak and Pure Energy. The second is Teels Marsh West, situated on a closed basin with good surface sampling to date.
You are very passionate about the Lithium sector. Based on your commentary, it looks like there could still be a lot of opportunity here. Thank you for taking time out of your hectic schedule to answer my questions.
It was my pleasure. In this business you need a lot of luck and a lot of hard work. Thanks to visionaries like Elon Musk, who has turned the transportation industry on its ear, we have a new commodity that looks like it is here to stay. I feel that a lot of people underestimate the green energy movement and the role that Lithium plays in it. But just think back to when people couldn’t even fathom that a company like Netflix, Inc. (NASDAQ:NFLX) would be the beginning of the end of a household name and staple like Blockbuster Video!!!
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I think that we have probably seen the peak usage of fossil fuels and they will undoubtedly take a back seat to other energy sources such as renewables, sources that require Lithium for home and grid-scale storage. With the TSX-V turning around and with a commodity that has done very well while all other commodities were in a bear market, it’s time to look at Lithium juniors. Again, I remind readers that these stocks are high-risk and that there are no guarantees, the best advice I can give is to spend time reading, to do research and always seek the advice of a licensed investment advisor.
Ron Loewen can be reached at:
(604) 219-4405
Disclosures: Readers are charged with conducting their own investment due diligence and recognize that small cap stocks can deliver a 100% loss of investment capital. The author or interviewer as the case may be, Peter Epstein, CFA, MBA believes that he’s diligent and prudent in screening out companies that, for any reasons whatsoever, are unattractive investment opportunities. However, he cannot guarantee that his efforts will be successful. Readers understand that Mr. Epstein cannot be held accountable or responsible for the accuracy of opinions, facts, estimates, forecasts and assumptions conveyed herein or for investment actions taken.
At the time this interview was published, Nevada Energy Metals was a sponsor of EpsteinResearch.com. Mr. Epstein owns stock in the Company. He is not a registered or licensed financial advisor. His article(s) on Nevada Energy Metals and other small cap companies should be considered very carefully in this context. Readers are urged to consult with their own financial advisors before making investment decisions. This company, and all small cap companies, are highly speculative, not suitable for all investors.
At the time this interview was published, Dajin Resources Corp. and Pure Energy Minerals were sponsors of EpsteinResearch.com. Mr. Epstein owns stock in both companies. He is not a registered or licensed financial advisor. His article(s) on all small cap companies, like Dajin and Pure Energy, should be considered very carefully in this context. Readers are urged to consult with their own financial advisors before making investment decisions. These two companies, and all small cap companies, are highly speculative, not suitable for all investors.
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This interview and does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of the companies referred to herein. There are substantial risks associated with investing in development stage exploration companies. Potential investors should seek advice from a qualified financial dealer prior to investing in any company referred to herein. No securities commission or similar authority has in any way passed on any of the information contained in this interview.
