Bullboard - Stock Discussion Forum Portofino Resources Inc V.POR

Alternate Symbol(s): PFFOF

Metals & Mining Industrial Metals & Minerals

Portofino Resources Inc. is focused on exploring and developing mineral resource projects in the Americas. The Company’s projects include the drill-ready, Yergo Lithium Project in Catamarca, and the drill-ready, Arizaro (Area IV) Lithium Project in Salta Province. Its Yergo Lithium Project encompasses the entire Aparejos Salar, in Catamarca Province, Argentina. The Company owns a 100% interest... see more

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TSXV:POR - Post Discussion

Portofino Resources Inc > $POR commencing drilling soon

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Post by partystocker on Nov 02, 2021 2:39pm

$POR commencing drilling soon

Portofino Resources Inc. $POR/$POR.V will be commencing drilling of their Yergo, Argentina lithium project after successfully raising $1.35M in private funding in the last two weeks.

Shares of $POR saw recent highs in October of $.165 after seeing a gain of ~117%. Shares are testing key resistance at $.155 so hopefully this news gives a good catalyst to push shares past here! The last time shares broke past this price, they rose to over $.20 per share, meaning we could be seeing gains in the range of %50 should shares beat resistance.

Looking forward to continued news from $POR on the Yergo project. Global lithium demand is projected to increase 4x by 2030, so some positive reports on production will be great news for $POR.

Shares of $POR are currently trading at $.150, up 11% today. $POR is valued at $13.68M.

https://ceo.ca/@newsfile/portofino-increases-and-closes-700k-private-placement