AKA owns claims next to CLQ - Canada Lithium Corp.
By Kishori Krishnan Exclusive To Lithium Investing News
Onemore player has joined the lithium club. Canaccord Adams, aninternational independent financial services firm that draws focus onpotential global investment opportunities in metals, mining, energyamong other fields, has now decided to initiate coverage on a group ofsmall lithium exploration plays.
The spotlight has been turned onlithium after investments in the rare metal have shown a steadynorthward movement, even in these adverse times.
Even before the economic recession hit the world, the demand for lithium grew by 7.2 per cent every year between 2001-08.
CanaccordAdams, the international capital markets division of Canaccord CapitalInc, has decided to jump in. The report of the firm’s interest inlithium exploration appeared in the Financial Post.
Analyst Eric Zaunscherb had picked out Canada Lithium Corp, Lithium One Inc, and Western Lithium Corp, calling each one a “speculative buy.”
Accordingto Canaccord, these three juniors met its criteria for potentialinvestors getting exposure through one senior producer and a basket ofjunior explorers and developers.
All three fit well into Canaccord’s philosophy of the junior players either having good projects that allow them to force their way into the lithium “club,” or be advanced enough to get into production rapidly.