Undervalued Lithium Pick ➡️ CUCO.v With lithium prices on the rise and many miners in the game, I am always on the lookout for potentially undervalued lithium companies.
African Energy Metals Inc. (CUCO.V NDENF) is a company I think could fit this bill as it controls prospective lithium/battery metal properties in mining hotspots in the DRC.
CUCO's projects in the DRC's Manono region are amongst properties owned by big mining companies like Tantalex Resources (TTX.v) and AVZ Minerals (AVZ).
Unlike its peers in the area which have MCs ranging from the 10s of Million to Billions, CUCO has a tight share structure with an MC of just $5.368M
CUCO is also poised to benefit from a TTX drill program of a lithium property which is thought to share a trend with a CUCO property. If TTX has positive findings, it is likely to reflect well on CUCO, without CUCO having to lift a finger.
More here:
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2584-cse/ttx/132756-tantalex-lithium-resources-announces-start-of-drilling-on-the-highly-prospective-pegmatite-corridor-in-manono-drc.html