RE:Wow Argentina lithium POR.vn is a steal This is an excellent post thank you. I have started a small position at .11 but my DD is telling me I should be adding more. With the recent volume, what appears to be warrants being exercised and a ridiculously low float at .50 this would only be valued at a $20M market cap with area plays in the hundreds of millions. Anyone here disagree that this is a steal?
Bulltrader1983 wrote: After seeing all the chatter last week on this bullboard and CEO.ca I started to do some digging into the other areas plays in the Argentina triangle near POR.vn are trading at.
This is is what I found.
The three sites closest to POR.vn are FMC $93.51, Galaxy GALXF $2.97, Neo Lithium V.NLC $1.72.
Other companies in the region are V. LSC $1.48, Lithium X $1.97 V.LIX, NRG Metals .037 V.NGZ, Lithium Americas $1.97 T.Lac, and Advantage Lithium V.AAL $1.19.
Every play in the area except one are trading over a dollar.
I am rather shocked with all the volume that this play isn't trading much higher. I don't think many people have caught onto this little gem as of yet.
The people who are selling might not actually know the true value of this stock.
I was was reading through some old news articles and it looks like the management is working on some pretty big deals.
IMO with only 32M O/S any big news will send this flying.
I hope I can accumulate some more this week before the big push to .20+