$NVLH Shares of Nevada Lithium Resources $NVLH/$NVLH.CN are seeing reduced volatility along their current trend line. As the prices consolidate somewhat I’ll be looking for a strong breakout and an accelerated continuation of the current bullish price action.
$NVLH released a preliminary economic assessment of their Bonnie Claire lithium project late October. Currently $NVLH holds 20% of the project with an Option to acquire an additional 30% interest.
The technicals look pretty suitable to see a continuation of current trends. I’ll be watching for continued news on progress at the Bonnie Claire site to support the technicals.
$NVLH is currently trading at $.55 and is valued at $27.75M.