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Champion Electric Metals Inc C.LTHM

Alternate Symbol(s):  CHELF

Champion Electric Metals Inc. is a discovery-focused exploration company. The Company is engaged in advancing its prospective lithium projects in Quebec, Canada and cobalt projects in Idaho, United States. In addition, the Company owns the Champagne polymetallic project in Butte County near Arco. Its Champion Electric Lithium Project in Quebec is comprised of a total of 1036 claims, which covers an area of over 529.17 square kilometers (km2) in the Eeyou Istchee James Bay territory. The Champion Electric Lithium Project neighbors Patriot Battery Metals’ Corvette claims and the Winsome Cancet claims. It owns approximately 622 staked mining claims covering approximately 6,871 hectares (16,975 acres) in northern Idaho, in four claim blocks, referred to as the Victory Project, the Fairway Project, the Twin Peaks Project and the Ulysses Project (Idaho Cobalt Project). The Champagne deposit contains gold and silver mineralization located in Idaho, United States of America.


CSE:LTHM - Post by User

Post by Dalebrez19on Nov 27, 2023 2:09pm
152 Views
Post# 35754830

Champion Electric Metals Inc

Champion Electric Metals Inc
  • Only 1% of vehicle are lithium.  The push by governments to be electric by 2030 requires mines to be developed.
  • Champion has released no news on summer program results which is good news.  This is a very attractive buy in my opinion.  I see it as buy and hold and expect movement in price by share by March 2024.
  • Champion has very strong board experience with ownership. 
  • Amberle is now committed to the region of James Bay.  (5% interest in Patriot and they are largest in world.  Winsome is another player of size.
  • Fastmarkets is think tank say demand for lithium is by 4 times by 2030.  They are watching James Bay region.
  • Patriot will be drilling 10 holes at a time starting in January, 2024.  They see prices in Lithium to start to increase as soon this late December 2023. (Based on a recent video by Blair Way)
  •  The Province of Quebec is aggressively putting policy of growth in area.  Other Provinces have not figured it out yet.
  • North American needs supply and to reduce costs the raw materials must become here in North America.

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