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Portofino Resources Inc V.POR

Alternate Symbol(s):  PFFOF

Portofino Resources Inc. is focused on exploring and developing mineral resource projects in the Americas. The Company’s metals projects include the Yergo Lithium property, which encompasses the entire Aparejos Salar, located within the Lithium Triangle in Argentina, as well as three Ontario, Canada lithium projects-Allison Lake North (Red Lake), Greenheart Lake (GL) and McNamara Lake (ML). The Allison Lake North Property comprises seven mining claims totaling 2,288 hectares (ha) and is located 100 kilometers (km) east of the town of Red Lake in northwestern Ontario. The GL Property comprises three claims (60 cells) totaling approximately 1,200 hectares. The GL Property lies 10km southeast of International Lithium’s Raleigh Lake lithium project and 15 km northwest of Grid Metals Campus Creek lithium project. The ML Property comprises three claims (56 cells) totaling approximately 1,120 hectares. The South of Otter property consists of approximately 5,363 hectares.


TSXV:POR - Post by User

Post by partystockeron Jan 06, 2022 5:42pm
120 Views
Post# 34290888

$POR should see a breakout soon

$POR should see a breakout soon

Portofino Resources $POR/$POR.V is continuing price movement within a descending triangle pattern this week, leading me to expect a breakout within the next couple of months. 



Operations at $POR’s Yergo property are expected to commence soon, with the company’s drilling applications expected to be approved in very short order after a prolonged approval process. With the current timeline of the pattern on the $POR’s chart, the commencement of drilling should align near-perfectly with a break-out. 


Further updates on Yergo and $POR’s agreements to acquire the Greenheart Lake Lithium Property ("GL") and the McNamara Lake Lithium Property ("ML") will be good catalysts to watch for in the near future. 


$POR is currently trading at $.12 and is valued at an MCAP of $11.93 million. 


https://ceo.ca/@newsfile/portofino-announces-lithium-properties-updates-and

 
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