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Portofino Resources Inc V.POR

Alternate Symbol(s):  PFFOF

Portofino Resources Inc. is focused on exploring and developing mineral resource projects in the Americas. The Company’s projects include the drill-ready, Yergo Lithium Project in Catamarca, and the drill-ready, Arizaro (Area IV) Lithium Project in Salta Province. Its Yergo Lithium Project encompasses the entire Aparejos Salar, in Catamarca Province, Argentina. The Company owns a 100% interest in the mining and concession rights for the 2,932 hectares (ha) drill-ready Yergo Lithium Project. It has 8,445 ha drill-ready Arizaro Lithium Project in Salta Province, Argentina. The Allison Lake North Property comprises seven mining claims totaling 2,288 ha and is located 100 kilometers (km) east of the town of Red Lake in northwestern Ontario. It also has other properties, such as South of Otter, Gold Creek, Melema West, Sapawe West, and Greenheart Lake & McNamara Lake. The 5,363 ha South of Otter property is situated within the Birch-Uchi-Confederation Lakes greenstone belt.


TSXV:POR - Post by User

Post by Wangotango67on Mar 10, 2020 11:39am
77 Views
Post# 30788566

PROOF - I'M RIGHT

PROOF - I'M RIGHTPortogino's ( claims ) are in between Galen Lithiums claims.
Which places Portofino's claims at a great advantage. In between makes portofinos claims very important...It creates high odds portofinos claims have same ppm as Galen...and as i stated previously - if portofino unloaded thier claims to Galen - it would allow Galen to use the entire west hombre salar as a UNIFIED resource.

EXCERPT FROM GALEN'S PRESS
JP Vargas de la Vega, the GalanManaging Director said,‘This strategic project acquisition by Galan consolidates its Hombre Muerto West project with a continuous line of concessions of~14kmfrom Catalina to Pata Pila.

This provides Galan with the opportunity to quickly build additional scale to its already significant brine resource and tenure in the region.



LINK -
https://wcsecure.weblink.com.au/pdf/GLN/02206995.pdf


Put it this way...
i  invested in lithium - projects....
I didn't wait several years for Portofino to unload valuable salar locations ar fire sale prices to another so they can capitalize on the entire west hombre lithium resource.

The 2 claims portofino has on west hombre that are in wedged in between Galen's - create
value for shareholders given Galen's recent drill results...

JV  with Galen,
Or, sell the Salars at market value....way north of the " half a-ss " price Taffel dreamed up.

Portofino previously dropped a superb salar location on, Rio Grande
And...seems Project 2 has mysteriously gone MIA .
That's not bringing shareholder value...that's a sick twisted game of suffering sharehjolders.

Now Portofiino....Portofino wants to give away the Hombre Salars ?
Think Twice.

MAKES ONE WONDER WHY
Portofino rolled this stock - with such few shares out - 51/mil
Make shareholders wait years...management collects a paycheck - and shareholders
have to slowly watch the - salars - slip away ?
I'LL FIGHT IT.


LITHIUM REBOUND ?

Lithium supply is tighter than people think, prices to rebound strongly

The supply of lithium carbonate and lithium hydroxide battery minerals is tighter than people think, Jonathan Evans, president and CEO of Lithium Americas told Kitco News at the BMO Global Metals and Mining conference.
Some 300,000 tonnes of capacity has been removed from the market, setting up the possibility of a strong rebound in pricing, Evans said.
 

VIDEO LINK -
https://www.kitco.com/news/video/show/BMO-2020/2734/2020-03-06/Lithium-supply-is-tighter-than-people-think-prices-to-rebound-strongly#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DBMO-2020


 




 
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