Snow lake resources = life changing moneySnow lake has been developing an admirable portfolio of drill sites to their repertoire. With multiple drill sites containing a slew of significant resources, and the snow lake site appraised with an estimated NPV of 1.7 billion. This company seems like a no brainer. Their drill site results should be published soon this month or in Feburary, and they have done three cash offerings to raise cash on hand and capital. The company is well positioned to drill on their sites. I have estimated that they will be making 150 million a year in revenue just off of the lithium in their snow lake site. They have found Uranium and Gallium at their drill sites as well. Gallium is crucial for semiconductor fabrcation and is considered one of the most valuable resources on this day. Most of Gallium and semicoductor production is found in Taiwan and this discovery raises an eye when it comes to valuation on this company. With Ai needing more power for the data centers Uranium/nuclear power has become a major point when it comes to pwoering these data centers. With a market cap of 100million currently this company is considered seriously undervalued with just the estimated profit from lithium drilling at snow lake. I think you will see this company reach a valuation of around 1billion-5billion and you might see these shares rise up from around 1.00 to 20-40 dollars a share in a few years time.
Thanks,
Ben
LITM trade ideas
LITM a lithium penny stock gets momentum LONGLITM is a lithium mining company with operations is Western USA and Canada now getting a
lift as lithium prices are rising. It popped 16% today and hit a screener on volume yesterday.
This is a junior miner compared with LAC and SGML. As such it is more reactive to price. All
indicators confirm the move including the extent of the trend, relative volume spiking and the
RS lines. This is a low float low volume stock.
Accumulation of a low float could precipitate more price action upward quite easily.
As a volatile penny stock LITM is risky. Right now, I see a long trade in a
small position ( < 0.001 of account balance) for the potential gain despite the obvious risk
SL at 10% Targets at 10% 20% (red line pivots to the left-1.2o December to Feb) then 70% (
pivot low March 23) and finally 250% for the runners ( January and July 23 high pivots). Time
will tell. I expect great profit in this swing trade with stratified partial profits and less time
effort in the trend using alerts and notifications. A trailing loss will be employed at 10%
once the trade is over 20% profit.
$LITM entry PT 7.55 Target PT 18 and higherSnow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. Its primary asset is the Thompson Brothers Lithium property, which consists of 38 contiguous mining claims located in Manitoba. The company was incorporated in 2018 and is based in Winnipeg, Canada.
$LITM is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $14,23;
stop-loss — $9,91;
take-profit — $27,19/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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