Portofino Resources Inc V.POR

Alternate Symbol(s): PFFOF

Metals & Mining Industrial Metals & Minerals

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.

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Portofino Resources Inc > waiting on more Yurgo announcements from $POR

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Comment by tiger2201on Nov 29, 2021 10:31am

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Post# 34175606

RE:waiting on more Yurgo announcements from $POR

Whatever EV and lithium markets are doing, POR needs to start drilling, to show the market their project. I am still waitting for the drilling news, NO news, the SP will drift lower and lower.

tiger

partystocker wrote:
Global lithium demand is expected to double from 2020 levels to 2023. With demand expected to rise due to the increased production of EV’s, projections forecast a shortage in supply to meet the demand. This means companies like Portofino Resources $POR will be looking like a great play.

We’re currently waiting on announcements from $POR.V ‘s leadership team on the commencement of drilling at their Yurgo lithium project-- of which they own a 100% interest. Once we have announcements that operations and production are underway, I think we can expect shares to make a strong positive swing.

Shares of $POR are currently trading at $.12 and the company is valued at $11.9 million.

https://www.kitco.com/news/2021-11-26/Global-lithium-demand-to-more-than-double-between-2020-and-2023-while-supply-may-fall-short-report.html