NVLH.c volatility is on the rise. Big rebound incoming? Shares of Nevada Lithium Resources (CSE: NVLH) experienced a drastic increase in volatility the past couple of weeks. This leads me to believe we could see some big price movements for the stock.
The company is currently advancing the Bonnie Claire Lithium Project in Nevada. The current PEA values the project at over $10B. NVLH holds a 50% stake in the project, with Iconic Minerals operating as a 50% partner.
The company expects to make some big announcements in the coming weeks. These include partnerships with big-time lithium end users, as well as updated drill results.
I’ll be watching to see if volume remains high going into next week, keeping an eye out for another price rebound.
NVLH.c is currently trading at $.135, valued at $8.35 million.
https://ceo.ca/@newsfile/iconic-completes-first-drill-hole-of-2022-at-the-bonnie