NRG Metals Inc. V.NGZ

BergDex

[GeorgesTornero]

5 facts why NRG Metals (NGZ.V) could be a multiple bagger and graduate to TSX

1. Size, location and quality of assets: 30k-plus hectares of land in the basin of Salar del Hombre Muerto, Argentina. Adjoining, a world class Lithium project operated by Galaxy Resources Limited (GXY.AX): Yesterday, Galaxy announced sale of a land package in the northern part of the basin for cash consideration of US$ 280 Million to POSCO;
2. Tier-one management team: current team has intimate knowledge of Argentina. Are proven operators recognized for their execution know-how.  Have taken company from exploration to commercial scale production;     
3. Strong test results with eye-brow raising potential: recent drilling has indicated high-grade lithium deposits with low magnesium content. This is rare;  It’s amongst the best surface results reported in Argentina. Further tests will confirm but NRG Metals could very well be sitting on high grade lithium deposits suitable for battery production. The market hasn’t quite caught on yet, but they will. Pretty soon;
4. Chinese partner: Chemphys has proven to be a quality Chinese partner. Their involvement has helped shrink the timeline for NRG.V to reach commercial scale production. What’s crucial is that Chemphys owns a large position in the company and continues to invest. This is a very good sign;   
5. Strong financial position: With zero debt, good cash position and access to Chinese funds, NRG Metals has no financial constraints to pursue it’s drill programs. Could very possibly reach production in 12 to 18 months - and, a stratospheric stock valuation versus current levels.

[smartmoni]

Totally agree.....loaded up last week!