Thursday, January 25, 2024

A Price War is Coming in This Market [Stock Revealed]

A massive lithium deposit in Canada's northern territories could be the answer…

 

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Electric vehicle sales are projected to TRIPLE by 2030, dragging lithium demand along with it.

But right now, lithium supply simply can't keep up.

Which is why the U.S. Government just declared lithium a CRITICAL MINERAL.

Here's the dilemma…

With only ONE SINGLE producing lithium mine in the entire USA…

Where are we going to find the lithium?

A massive lithium deposit in Canada's northern territories could be the answer…

 

KATUSA SPECIAL SITUATIONS STOCK ALERT:

 

Li-FT Power Corp.

(LIFFF:US / LIFT:TSXV)


The deposits on what's known as "Project Yellowknife" reveal piles of hard-rock lithium just sticking out of the ground in plain sight…

LiFT is already more than halfway through drilling to determine the actual tonnage, which should be determined over by mid-2024... But early estimations project it to exceed 1-million tonnes.

And aside from their massive & ready-to-mine deposit, Li-FT has a world-class team:

  • The president and director of Li-FT company formerly led Millennial Lithium, which sold for $400M.
  • CEO Francis MacDonald is a workhorse—he's the kind of guy who answers every call and returns emails at all hours of the night. He's going to do what it takes.

The founding team has access to capital to bring the project to production, having raised more than $40M so far.

And they've done that while keeping an extraordinarily tight share structure: founders, management, and institutions still own 77% of shares.

That means the stock is thinly traded on the TSX-Venture and the U.S. OTC markets—so this stock can be highly volatile, and not for the feint of heart.

Now…

With the rules around U.S. EV subsidies changing as of January 1, 2024, and the third lithium uptrend just beginning, this company could move far and fast with any rise in lithium prices.

You'll want to be ready.

To help you profit from this opportunity, the Katusa Special Situations team has put together a comprehensive, in-depth report on Li-FT Power Corp.

Click here to read the full Li-FT Power report.

Regards,
Marin Katusa and the KR Special Situations Team

P.S. This developing opportunity could accelerate as news from the company rolls out. Take a moment to read the report now.

 

 

 

 

 

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HIGHLY BIASED: In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Katusa Research has received cash compensation from American Lithium Corp as reported in their May 8, 2023 news release and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.
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