$POR/$POR.V looking good to move forward on lithium mining in Argentina’s Lithium Triangle, which is 15km from NeoLithium Corps *v successful* 3Q project in the Salar Basin.
After oversubscription to their last round of private funding, $POR added shares for an additional 30% of their funding goals, for a total of $650K raised!!
The lithium industry is set to see a big boom due to increased production of EV’s globally. Once the global silicon shortage is resolved, production should skyrocket as the microchip bottle neck in the supply chain is lifted.
Td, $POR valued at $11.09M and current share price is $0.13 after a solid bounce from strong support at $0.85 with relatively high volume. Watching for a strong break past $0.150 to go in but confidence is high for this one!! May just YOLO into it at the current price point.
https://ceo.ca/@newsfile/portofino-increases-oversubscribed-private-placement-4bd48