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Nevada Lithium Resources Inc C.NVLH

Alternate Symbol(s):  NVLHF

Nevada Lithium Resources Inc. is a Canada-based mineral exploration and development company. The Company is focused on its core asset, the Bonnie Claire Lithium Project, located in Nye County, Nevada, where it holds a 100% interest. The Bonnie Claire Lithium Project has approximately 915 placer claims and covers over an area of approximately 18,300 acres. It has a NI 43-101 inferred mineral resource of 3,407 million tons (Mt) grading 1,013 ppm Li for 18.372 million tons (Mt) of contained lithium carbonate equivalent (LCE), at a cut-off grade of 700 ppm Li2.


CSE:NVLH - Post by User

Post by 5baggercallson Feb 16, 2022 1:56pm
89 Views
Post# 34434616

A Quick Comp to $CYP

A Quick Comp to $CYP

A good peer to consider and see the path that NVLH is on and the potential market cap to compare us to is Cypress Development ($CYP) which is also in Nevada just ~50km away.


$CYP has a current market cap of $220mm. Although $CYP is more advanced than $NVLH (Completed a PFS in summer 2020, NVLH completed a PEA in summer of 2021), $NVLH has a significantly larger resource and higher grades than that of $CYP.


NVLH – 18.37Mt LCE with a grading of 1,013ppm (cut off at 700ppm). Market cap of $21mm.
CYH - 6.285Mt LCE with a grading of 905ppm (cut off at 400ppm). Market cap of $220mm.
 
I’m LONG $NVLH! IMO this is an easy buy and hold with lower risk, low market cap, coupled with an aggressive work program and a surging global need for Lithium - the price of lithium continuously hitting all time highs is proof of the demand!
 

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