$POR.v | Extreme Lithium Rally Great For Junior Explorers The world is going to need 5 times more lithium by the end of this decade. With this, Citigroup has reported an “extreme” rally could be incoming. The best way to meet the rapidly rising demand for the silvery-white metal will be to accelerate global lithium exploration and discovery initiatives.
Portofino Resources (TSXV: POR) is one of the many junior companies positioned to capitalize on the rising demand for lithium. The 2nd half of 2022 is ramping up to become an exciting and active lithium exploration period for the company in both Northern Ontario, and Northern Argentina.
Portofino has a very lucrative opportunity in the Salta Province of Argentina, where it has negotiated a definitive agreement with the provincial resource entity, REMSA. This will enable the company to earn a majority interest in multiple lithium brine projects situated within the heart of the world-renown Lithium Triangle.
$POR.v is currently trading at C$.095 and valued at C$9.72 million.
https://www.bloomberg.com/news/features/2022-05-25/lithium-the-hunt-for-the-wonder-metal-fueling-evs