Noram Ventures really ramping up production 0.445 As of December 1, 2020, Noram Ventures is really ramping up production they have hired Arethuse Consultants for resource estimation and mining pit design. The estimation of the actual resource on the property is substantially higher than intially reported from the new drill results of last week. In the last week, they found lithium closer to the surface so economically mining costs will come down. Right now most of the lithium is in brine and controlled by the Chinese. North Americans are starting to open their eyes to China's dominance. Tucker Barrie has said in his speech there is just as much lithium claystone in North America as there is in brines controlled by China. North America wants to be energy independent as they have done with oil. So you will see a huge push with claystone extraction coming to North America. Btw Noram Ventures has the top 5 amount of lithium on their Clayton Valley property in North America. He also said Cypress Development has a 50 million market cap which is Noram Ventures neighbor. Noram Venture's market cap is only 23 million as of December 11. So I believe we will reach a market cap of 50 million which will double the current stock price of 0.445 cents to 0.89 soon.
As you can tell Noram Ventures are releasing news releases every other day. Finally, their AGM meeting is December 16 2020 which is next Wednesday so possibly expect some news coming out from there.