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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.


TSXV:POR - Post by User

Portofino Resources Inc
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Post by StockHawk1on Jan 04, 2022 6:14pm
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Post# 34283408

$POR in the green

$POR in the green

Portofino Resources Inc. ( $POR.V $PFFOF ) did great on the TSXV today, going up 8.33%.


As the article below explores, battery costs are rising as lithium demand is outgrowing lithium supply.


This bodes really well for companies with lithium assets like $POR. 


Additionally, $POR has been recently growing its lithium assets having recently acquired the Greenheart Lake & McNamara Lake Lithium Properties. 


$POR is still really affordable trading at just $0.13 (MC is $11.739M) 


https://asia.nikkei.com/Spotlight/Market-Spotlight/Battery-costs-rise-as-lithium-demand-outstrips-supply

 
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