LIBERTY ONE LITHIU COM NPV (OTCMKTS:LRTTF) is adding another 5% in price today. LRTTF is following up a strong Monday showing that saw them go from .53 cent to .59. This week the price has ramped up from .56 to now nearing .64. The catalyst could be the fact that LRTTF has submitted the requisite environmental and drilling applications in order to accelerate a study of the project.
“I am extremely pleased with the progress and results the Company has achieved to-date.” CEO Nichol said, “The last 30 days have reinforced my decision to make a significant investment in Liberty One and join the Company. I am confident we have the necessary components in place to build a large, successful lithium production company. We have the world’s preeminent go-to lithium team based in Argentina, led by a former 29-year Rio Tinto lithium expert and supported by local mining industry veterans including chemists, geologists, engineers, laboratory personnel, operators as well as one of the region’s foremost mining legal firms with extensive lithium brine experience.”
LIBERTY ONE LITHIU COM NPV (OTCMKTS:LRTTF) bills itself as a company that is an emerging exploration player focused on the acquisition and development of high grade lithium brine deposits destined for use by global business interests. The Company believes that strategic resource access is the key to a robust energy strategy to protect economic stability worldwide.
Moreover, LRTTF engages in the acquisition, exploration and development of mining properties in Canada and the United States. The company primarily explores for lithium brine deposits. It holds interests in the Paradox North property with 233 placer claims covering 4,480 acres located in the Paradox Basin in Grand County, Utah, as well as an option to earn a 70% interest in the Pocitos West project covering 15,857 hectares located in Salta Province, Argentina.
According to company materials, “Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that strategic global resources are the key to a robust energy strategy to protect economic stability worldwide.”
Find out when $LRTTF stock reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.
Here is another important quote from the company:
“Examination of sampling efforts that were underway at an adjacent claim area was extremely interesting and we are preparing to move ahead with our initial report with an aim to ready work plans by our agreement.”
Lastly, over the past 20 years, the firm has experienced solid growth with two projects under its belt.
- The “Pocitos West” project: it consists of over 39,000 acres in the middle of the renowned lithium triangle in Western Salta Province, Argentina.
- The “North Paradox” property: it consists of 233 placer claims encompassing 4,480 acres located upon the Paradox Basin in Grand County, in Utah.
Earning a current market cap value of $30.72M, LRTTF has little cash on the books, but also no current liabilities. Lithium stocks are on the mind of most investors. This is a solid pure-play with important reports on the horizon. Sign up for continuing coverage on shares of $LRTTF stock, as well as our other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: We hold no position in $LRTTF, either long or short, and we have not been compensated for this article.