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Wealth Minerals Ltd V.WML

Alternate Symbol(s):  WMLLF

Wealth Minerals Ltd. is a Canada-based mineral resource company. The principal business activity of the Company is the exploration for minerals and the development of exploration and evaluation assets, primarily in Chile, Canada, Peru, and Mexico. Its projects include the Atacama Lithium Project, the Kuska Salar Project, and the Kootenay Project. The Atacama Salar project covers an area of approximately 46,200 hectares (ha) located in the northern part of Atacama Salar, in Region II of Chile. The concessions are adjacent to highway 23, which connects northern Chile with Argentina. The Kuska project consists of 8,000 hectares located in northern Chile, Region II, near the Chile-Bolivia border and approximately 200 kilometers (km) due north from Atacama. It also holds 2,500 ha of license area adjacent to the Kuska Project in the Ollague Salar in Chile. Its Kootenay project comprises two separate claim blocks: Ledgend, totaling 1728 hectares, and Lardeau-Goldsmith, covering 6918 hectares.


TSXV:WML - Post by User

Bullboard Posts
Post by mercurysmithon Jan 30, 2018 12:40pm
97 Views
Post# 27463640

Overall Market

Overall MarketYes WML has struggled in January. I'm not sure how much of it is micro-economics as opposed to macro. Look how much all the markets are down today. Look at most of the other lithium juniors in Argentina and Chile which are also mostly down 4% today (look at LAC and LIT as examples). Hopefully this is just the January blues and the economic weather will improve. The future demand for lithium hasn't changed, given the radical disruptive move to electric cars is upon us. At least that is what I am hoping.
Bullboard Posts