Early Exploration Yielding Interesting Results As we’ve all probably heard by now, there is a significant lack of supply of lithium in the world right now, and with demand expected to only increase, the current supply is on track to be significantly behind demand levels. This has made it essential for companies to begin exploring the lithium space, and we’ve seen the impacts of the supply crunch with numerous acquisitions and investments from companies so they can capitalize on a share of the industry.
https://www.tipranks.com/news/lithium-stocks-soar-after-albemarles-bid-for-liontown
With so much growth in the lithium industry, it's all about finding the right companies with the right projects. $SCV.C owns some interesting projects in Nevada that have already yielded impressive initial results.
- One of the largest landholders in Clayton Valley, with their Macallan East and Highlands West project being located in proximity/adjacent to Albemarle’s Silver Peak mine (the only producing lithium mine in the US).
- Recent drilling found lithium mineralized evaporate stratigraphy at Macallan East and discovered mineralization of up to 461 ppm of lithium from the lower lacustrine sequence intersected in the hole.
With the management team behind the company having years of industry experience and the properties still in an early stage of exploration, the current $9M valuation is understating $SCV.C’s potential here.