V.RM Mentioned
RM.V Rodinia Minerals – Lithium Mining Stock Displaying Technical Strength
by Olivier on
Rodinia Minerals – RM.V is back on mypublic list. Although I think it is not the time to aggressivelyinitiate new positions in this market environment one cannot argue withthe charts. Lithium Mining Stocks are holding up rather well and especially RM.V – Rodinia Minerals is displaying great technical strength and decent resilience during the recent downturn.
Rodinia Minerals has recently announced more lithium-brine project acquisitions in Argentina.
Commenting on the acquisitions, David Stein, Presidentand CEO said, “Today’s announcement reinforces Rodinia’s vision ofbuilding a long-term, low-cost producer of lithium brine. Inconjunction with our flagship Clayton Valley project in Nevada, and ourprevious Argentine acquisition of Salinas Grandes, the acquisitions ofDiablillos, Centenario and Ratones builds a strong position in SouthAmerica, and a stable of high quality lithium brine explorationprojects. We plan to work diligently over the coming months to reviewand prioritize our pipeline of brine prospects”.
Along with WLC.V – Western Lithium this is one of the Lithium Miners you want to keep on your radar.
Up-to-date RM.V – Rodinia Minerals Chart on my public list.
For a comparison of relative strength within the Lithium sector check my Lithium Sector Overview Chart. The stocks listed in the overview chart are:
- SQM – Sociedad Quimica Y Minera ( Chile)
- WLC.V – Western Lithium Canada
- RM.V – Rodinia Minerals
- TNR.V – TNR Gold
- CLQ.V – Canada Lithium
- LI.V – Lithium One
From Rodinia Minerals website: