WOW QUIET ACCUMULATIOM ILI.V Keep an eye on it / get in now? 
Imagine Lithium (ILI-TSXv / ARXRF-OTC) has a HUGE headstart in rewarding shareholders in the red-hot Ontario lithium play.
These junior lithium stocks are soaring from pennies to dollars with good exploration results, and Imagine announced their best ever results TODAY, making their Jackpot lithium deposit even larger.
After today’s news—extending Jackpot to 900 m long and 300 m deep with grades over 1% lithium and still open for more exploration—I think the Market will put the pieces of this puzzle together very quickly:
- Their Jackpot lithium deposit already has a historical resource of over 2 million tons of Li2O, and it’s open both at depth and at both ends. Drilling last year has already confirmed all that mineralization, and a compliant resource is coming in 2023.
- A 1% grade at today’s lithium prices is equal to roughly half an ounce or 15 g/t gold—hard rock lithium mines being built today (think Sigma, SGML-TSXv; $44) are forecast to be the most profitable in the world right now.
- Imagine’s Jackpot deposit is only 9 km from a power line, 12 km (8 miles) from a highway, 13 km from a power PLANT, and 60 km (42 miles) from a port on Lake Superior—where lithium can be cheaply shipped to the new Giga-Factory being built in Windsor Ontario. The lithium resources closest to infrastructure will get developed or bought out first. This is simple economics.
Here’s one thing I know—and now you know—that nobody else really knows (or the stock would probably not be 12 cents!)
Board advisor and large shareholder Victor Cantore identified the potential of this property years ago when nobody was looking for lithium. This man has an incredible nose for lithium and buying properties that turn into big deposits. He is a big part of this company.
In 2009, Cantore found, staked and sold Nemaska Lithium their big lithium asset in Quebec—which ended up being 36.6 million tonnes of just over 1% lithium. It is still the single largest hardrock lithium deposit ever found in North America. And Cantore was the first to recognize it.
Shareholders of Imagine Lithium could not be in better hands. He has an amazing track record and this stock is only 12 cents!