Patriot Battery Metals Inc T.PMET

Nemaska lithium is our neighbour with a world leading deposi

[endgamer]

The Whabouchi lithium deposit is a combined open-pit and underground mining project in the James Bay area of Quebec, Canada. Nemaska Lithium fully owns the Whabouchi project, which is considered to be the worlds second richest and biggest deposit with 27.3Mt of proven and probable reserves. Environmental permit for the lithium project was awarded in July 2015 by the Canadian Minister of Environment. Construction is anticipated to begin in 2015, while commercial production is expected to start in 2017. The mine is expected to produce 5.5Mt of spodumene concentrate at a rate of 213,000 tonnes a year (t/y) during its estimated 26-year mine life. Whabouchi deposit details, geology and mineralisation />

[chopperzombie]

Oh yea....  that company doesn't exist anymore. 

[amxjavelin]

Thats not the point if that company does not exist now.  All I care about is the massive lithium deposit near us. Just tells me PMET is in Elephant Country for sure 

[endgamer]

I have to admit realizing that our new discovery is located next to a massive lithium deposit that recently declared bankruptcy raises alot of red flags. How could Nemaska possibly follow through with bankruptcy if this spodumene lithium is so valuable? Why did no other company have interest in this district?Perhaps the conversion costs make the profit margins look bad? Is Quebec really a mining