A Lithium Fuel Play To Consider?
I found a penny stock company that has aportfolio of projects, targets lithium production with a sub-focus on rare earth elements, which are needed for clean energy and clean tech industries.As a trader I like to focus on disruptive technology companies because I like their uniqueness and the possibilities of tremendous growth. I like to pick them when they are just beginning and they make me feel that I have an edge. They give me confidence that fits my style and can make a bundle, if they work. Always trade with only the money you can afford to lose. What Company Mines Lithium? The company that I'm aware of producing lithium is called
Sovereign Lithium, Inc., a mineral exploration and development company, focuses on indentifying, acquiring, and developing mineral assets in the United States and internationally. Its portfolio of projects targets lithium production with a sub-focus on rare earth elements, which are needed for clean energy and clean tech industries. The company has an option to acquire a 100% interest in the Big Smoky Valley lithium property, which represents 48 unpatented placer mining claims comprising approximately 7,680 acres in and around Esmeralda County, Nevada. It also has an option to acquire a 60% interest in the Bear Creek Rare Earth property consisting of 10 mining claims totaling approximately 7,311 acres located northeast of the Trail mining community, British Columbia in Canada.I can appreciate their uniqueness of product and the possibilities that it can offer. Stock and option trading continues to be a struggle for many, but with the ingenuity of people and innovative products it keeps me excited about what can be. I look for unique companies that offer disruptive technologies where I can be confident that if the product works it can make us all richer for knowing and investing in it.
Is It Time to Invest In Lithium Fuel?
I look for disruptive technologies that I can trade either stocks or options. Sovereign Lithium does not offer stock options but they do offer stock. It is a penny stock, Sovereign Lithium, Inc. who does mineral exploration, quoted on the OTCBB under the symbol SLCO, since it is less than $5 per share, currently trading at $1.06 as of 11/14/13. They have NOT shown revenues since 12/31/2010, but revenues are exploding for companies that produce electric cars such as Telsa, Ford, Volkswagon, BMW and Toyota to name a few. It might be worth a few minutes of your time to learn more about Soverign Lithium, Inc. or research your own lithium fuel company to add to your own trading portfolio. It may be a bit early to get in with this company but better to be in early than late.The Future For Lithium Fuel?
Should you wait till you see revenues for SLCO's lithium fuel? The stock has already doubled from Oct 14,2013.The $1 billion a year lithium market is forecast to double by 2020. In particular, lithium battery usage is growing at ~25% per annum, and is forecast to be a $43 billion market by 2020.Be aware that Toyota is also considering
as a replacement to Lithium. Note:I'm also experimenting with my own Google+ account just click, Google Plus Stock Tales and Tips. You don't have to take my word for it, just give your own thoughts and actions a try and see if how fast you can benefit from an trading a lithium fuel company and start increasing your own net worth.