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3rd element Tease for Lithium

UserPost

10:33 am
October 15, 2009


akatomw

Member

posts 5

1

I think I have solved this one, but I am open to being corrected:


is it  AMLM


American Lithium?


Teased today in e-mail:


This Small Firm Will 
Turn The Energy World 
On Its Head

We’ve already seen the inevitability of lithium’s rise to energy dominance …and the inevitability of stratospheric lithium price rises.

But here’s why this one firm could capture the lion’s share of the boodle…

  • It owns 30% of the world’s known lithium reserves…
  • It controls 50% of the world’s market for lithium products…
  • It’s the only major American lithium producer…

In fact, despite what you may think you know about producing lithium, thisAmerican firm owns reserves in the one spot on earth with nearly five and a half times more recoverable lithium than any other place!

This last point bears repeating…”5½ times more recoverable lithium than any other place”… because it’s key to this company’s dominance and profitability.

Sitting On The Mother Lode of Lithium

In this one spot, there are only two operating lithium mines, and they are quietly pumping 70% of the world’s raw lithium out of the ground…

But here’s the deal… not all lithium is created equal… nor is all lithium equally profitable to refine.

To simplify, large concentrations of lithium are found in only two forms – spodumene and brine.

Spodumene is underground ore. It has to be painstakingly extracted, and meticulously dried and processed with harsh chemicals like sulfuric acid before it can be refined into the fine powder used in batteries.

All of this takes a lot of money.

On the other hand, brine-based lithium is easily accessible. It forms in large pools laying 90-130 feet under the surface of gigantic salt beds. After it’s sucked to the surface, evaporation transforms it from light yellow slush into raw lithium.

The merciless sun – right here where I’m standing – does all the work! So the cost of mining lithium brine is less than half the cost of extracting spodumene ore.

Where others pay $2,400 a ton to extract lithium…our tiny company pays a mere $1,200 a ton. And as the price of lithium shoots skyward, this cost advantage – and profits – will increase exponentially!

10:40 am
October 15, 2009


stockcrazy10

Member

posts 367

2

Post edited 10:47 am – October 15, 2009 by stockcrazy10


There's some disagreement about this one.  Another reader thinks it's AMLM, but Travis thinks it's ROC. 


Here's a link to the discussion….

http://www.stockgumshoe.com/20…..y-map.html

10:45 am
October 15, 2009


akatomw

Member

posts 5

3

Could be ROC?

http://www.examiner.com/x-3721…..cas-future


Quote:


Lithium Supplies

Since I’m also a day trader and an avid fan of CNBC for its stock coverage, I caught the exclusive interview today with Seifi Ghasemi, Chairman and CEO of Rockwood Holding Inc. (NYSE: ROC). He reported that his company has lithium mines in Chile and in the U.S. State of Nevada. Rockwood Holdings, therefore, controls 30% of the world’s supply.

This is not surprising, considering that Chile is #2 in the world reserves with about 3M tons. Bolivia, for the record, has the largest reserves with about 5.4M tons; and China is 3rd, ahead of America.

Furthermore, he especially noted that lithium has different dynamics; meaning, its supply is not subject to the same issues as oil. Question: Should that make the future addiction issue a moot point?

As I perused Rockwood Holding’s news releases at its site, I noticed the Recovery and Reinvestment Act allowed the U.S. Energy Department to award Rockwood’s subsidiary, Chemetall Foote Corp., about $28.4M to expand and upgrade the production of lithium materials for batteries specific to transportation.


10:46 am
October 15, 2009


akatomw

Member

posts 5

4

Many Thanks Stock Crazy


Same thoughts…


could be ROC

12:26 pm
October 15, 2009


stockcrazy10

Member

posts 367

5

Post edited 12:30 pm – October 15, 2009 by stockcrazy10


I just received a follow-up tease for the lithium stock:


When I wrote you last Saturday, it was up 18.5% over the prior 5 days. 

When I wrote you again last Monday, it had popped 20% more.


AMLM gained much less than 18.5% in the 5 days prior to last Saturday. ROC's gain matches the follow-up.

9:17 am
October 21, 2009


asafp

Member

posts 190

6

AMLM up 20% today. Unfortunately, that train sailed without me.

10:23 am
October 21, 2009


dlst

Member

posts 188

7

I bought a small (dang it!) chunk of AMLM a few days ago and after today’s surge am up almost 46%. As they say, even a blind pig finds an acorn now and then. Any idea what caused the jump today?

12:44 pm
October 21, 2009


akatomw

Member

posts 5

8

more stock teaser e-mails?


is AMLM  being “pumped” or teased up to these levels

up %20 again today


is it too late to buy?

2:11 pm
October 21, 2009


stockcrazy10

Member

posts 367

9

Post edited 2:21 pm – October 21, 2009 by stockcrazy10


I just searched my email and found a pump for AMLM (which I ignored) dated October 14.  There may be more. 


Here it is (disclaimer included):


http://www.amspec-05.com/AMLM/…..&l=143


AMLM closed at 1.58 on October 13…the stock price mentioned in the pump ('about half a buck') was history. 

2:48 pm
October 21, 2009


dlst

Member

posts 188

10

Post edited 2:57 pm – October 21, 2009 by dlst


I sold today at 2.60…now up to 2.85.

BTW, I sold my 1000 shares thru TD Ameritrade, and my market order took about 4 minutes to fill (and got a price 3 cents lower than what was current when the order was placed), despite a volume of >5M at that point. Why can a trade of 1000 shares take so long to fill? My trades usually complete within a few seconds.

2:55 pm
October 21, 2009


stockcrazy10

Member

posts 367

11

Congratulations on profiting from the hype!  Laugh

8:49 am
October 22, 2009


dlst

Member

posts 188

12

It’s dropping like a rock this morning…wheeeee….akatomw, I hope you didn’t buy it yesterday.

9:53 am
October 22, 2009


asafp

Member

posts 190

13

From John Meyers, the paid pumper for AMLM:

“It’s like putting a miracle in your portfolio.”

I’ve noticed an interesting technique in this and other pumper ads. The disclaimer is included as an image, not text. Therefore, if you do a search for “paid”, “advertising”, or “advertisement”, you get nothing. Furthermore, if you exclude those terms on a search, Google and other engines are not aware of those words, so you will get the paid advertisements even though you specifically tried to exclude them.

The image does not specify an “alt” text for the disabled. So, it’s possible these solicitations could be illegal based on laws requiring handicap access. I’m not a lawyer and I don’t play one on TV, but in my opinion, these ads should also be illegal based on deceptive practices. If the rest of the ad is text and searchable, then the disclaimer should be as well.

12:54 pm
October 28, 2009


asafp

Member

posts 190

14

If you like AMLM, it’s on sale today. 35% off.

1:15 pm
October 28, 2009


stockcrazy10

Member

posts 367

15

Thanks, asafp.  The sale is 'improving'…Confused…now 37.74% off!


Everything's 'on sale' today, but I'm tired of catching falling knives! Cry

7:23 pm
October 28, 2009


Darrell

Member

posts 224

16

Thanks for mentioning this one, I'm watching for a buy.  Any thoughts on rare earth companies ? I'm looking at some and need ideas.

12:16 pm
October 30, 2009


akatomw

Member

posts 5

17

akatomw did not buy


I am watching it closely however, its up a bit today will the rest of the market is down

hmmm

8:24 am
November 2, 2009


Will

Member

United States

posts 200

18

BHWX got pumped (not sure by whom) this morning (Morning News). Another miner of Lithium.

9:00 am
November 2, 2009


asafp

Member

posts 190

19

Another pump jump we might see is TRGL. Gumshoe has discussed this one. Seems to be back again for round 2 (or 3).

11:14 am
November 3, 2009


Will

Member

United States

posts 200

20

Post edited 2:11 pm – November 4, 2009 by Will


Will said:

BHWX got pumped (not sure by whom) this morning (Morning News). Another miner of Lithium.


BHWX up 36% so far.

BHWX up 50% so far!

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