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Gold/Mining/Energy : Lithium -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (254)	8/14/2009 12:50:46 PM
From: teevee	2 Recommendations Respond to of 1146

kidl, Until expansion of existing lithium brine deposits and development of new lithium brine deposits is exhausted, other than for use in ceramics, ALL hardrock lithium deposits are nothing more than a "call" on the price of lithium. Lithium extraction from hectorite clays is even more expensive. Trading the hard rock lithium juniors is very wise as most are certain to be quickly relegated to the VSE and OTC graveyards. Good luck in your trades.

To: kidl who wrote (254)	8/14/2009 3:36:20 PM
From: teevee	4 Recommendations Read Replies (1) \| Respond to of 1146

kidl, No offense. You think too much and don't trade / play enough. Lithium is the flavour of the "day". For discussion purposes only, here is a "back of an envelope" simplistic analysis between one "hard rock" lithium junior and one "brine" lithium junior. Get back to me on which flavor of the day you prefer: Lithium One -share cap 58.8 mm fully diluted -share price $1.55 -market cap ~$91.3 mm -potential resource (12mm tonnes)(1.7% Li20)(.71 recovery)(.5Li/Li20)(5.322 Li2C03/Li)=385,000 tonnes Lithium Carbonate equivalent. -high end price of $10,000/tonne LC -total "in ground" value $3.85 Billion Channel Resources -share cap 71.68 mm fully diluted -share price $.10 -market cap ~$7.17 mm -potential resource (100,000 tonnes Li)(5.322 Li2C03/Li)=532,000 tonnes Lithium Carbonate equivalent -high end price of $10,000/tonne LC -potential "in ground" lithium value of $5.32 Billion -potential potash resource of 15 mm tonnes at $400/tonne -potential "in ground value" of potash of $6 Billion -potential bromine resource of 1 mm tonnes at $3,000/tonne potential "in ground" bromine value of $3 Billion -total "in ground" value of $13 Billion After too much thinking, Li-K-Br brines have a better "flavor" to me;-) JMHO