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Bullboard - Stock Discussion Forum 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... see more

TSXV:POR - Post Discussion

Portofino Resources Inc > Including the new US listing over 13 mil traded.
View:
Post by GarryJan1 on Feb 08, 2021 12:38pm

Including the new US listing over 13 mil traded.

Just the beginning. 15 kn from 

Neo Lithium Corp V.NLC

Alternate Symbol(s):  NTTHF

"Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties."
$ 3.25

@EpsteinResearch $POR -- I was actively involved in lithium juniors back in 2016-17 when a bunch of names had crazy performance. Today, we're seeing the same massive rally in 20 or perhaps more names. The top 10 lithium juniors are up AN AVERAGE of 1,300+% from their 52-week lows! Portofino has a very good early-stage project, about 15 km from Neo Lithium's world-class project. Neo has one of the best [possibly the single best] Li brine projects on the planet. So, yes I agree with @X-flyswatter that Yergo could be quite exciting. Argentina is a big place, there are a lot of lithium brine salars, but relatively few projects have what it takes to make it into production -- grade + low impurities. Yet, that's exactly what Neo's project has -- very high grade + very low impurities. In fact, come to think of it, Yergo has already demonstrated low Mg levels in various samples (no drilling yet), so that's a good start. Ultimately, management may choose to monetize Yergo and redeploy proceeds into gold in Canada OR gold / silver in Argentina. They sold off another Li project to Galan Resources last year. That project was decent, but it's in the crowded hombre muerto salar. Portofino realized they could not advance the project themselves (due to limited financial resources, before lithium got hot again). I truly believe that Yergo is as good or better than the property they sold to Galan, and the lithium market is so much stronger now than it was a year ago. Remember, mgmt. has a vast network and boots on the ground in Argentina. Lots of optionality is this story and a tiny C$9M market. ca
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