RE:RE:Something needs to be doneFYI - here's a short writeup with regards to American Lithium, I did'nt realize they were also exploring for vanadium. July 8th, 2020
1. American Lithium (TSXV:LI)
Current price: C$1.28; year-to-date gain: 924 percent
Nevada-focused American Lithium is engaged in the acquisition, exploration and development of lithium projects. The company currently holds the Tonopah Lithium Claims project in Nevada. Aside from its lithium interest in Nevada, American Lithium is also exploring the Extinction Ridge vanadium project.
Samples from the company’s 2019 drill program assayed up to 2,285 parts per million (ppm) lithium, with numerous samples over 1,000 ppm lithium. A 2020 drill program started in February; in April, the company released positive results and it kicked off its second phase of drilling in June.
Shares of American Lithium are currently at their highest point so far this year at C$1.28. The company was requested by OTC Markets Group to provide commentary on promotional activity. American Lithium has attributed the increase in its share price to volatility in the North American capital markets and heightened interest in development-stage lithium projects — not promotional activities. The company also released a no material changes statement on July 8.