Ultra Lithium Inc V.ULT

Alternate Symbol(s): ULTXF

Metals & Mining Industrial Metals & Minerals

Ultra Lithium Inc. is a Canada-based exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets. The Company holds a brine lithium property in Argentina, hard rock spodumene type lithium properties in the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, United States of America. It also holds other gold and base metals properties in Argentina. Its lithium projects include Laguna Verde Brine Lithium Property, Georgia Lake Lithium Pegmatites, Forgan Lake Lithium Pegmatites and South Big Smoky Valley Project. It holds a Laguna Verde I and II brine lithium property in Argentina, comprising 7,569 hectares of land on three mining licenses. Its Georgia Lake Lithium Pegmatites Project comprises over 16 mineral claims covering 2,416 Hectares (ha) land in 151 units. Its South Big Smoky Valley Project consists of 659 placer claims covering over 13,000 acres.

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Ultra Lithium Inc

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Comment by kermode1on Jan 20, 2011 6:28pm

351 Views

Post# 18004446

RE: RE: RE: Background

I suppose it could vary on how long, depends on the size of property and how thorough they are.

I'm no Geologist, but the more I look at all the mining activity going on in Canada, the more I get interested.

I might make a career change next year and go back to school to get my BSC in Geology, then I'll start staking my own claims. ;-)

I hope you stick around sjaplo...

I never invest more than I can lose, and I'de rather make a sell on a small loss if they start trending down.

But I don't think they will be going down anytime soon, the short term and long term averages look very positive.

unless the we drop back to .08c and stay there for a few days, I won't even flinch.

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