Lebed.biz Alert ***Huge Breakout Lithium Play: LTUM***
Lithium is the new miracle mineral energy source that is setting the world on fire and I believe Lithium Corporation (LTUM), currently $1.34, could become one of the biggest lithium plays in the market!
I was originally planning to announce LTUM as my big pick this weekend but because it is starting to break out I decided to rush out with an alert immediately!
Today there are already thousands of different types of cell phones, iPods, computers and other electronic devices being powered with lithium technology. However, I believe the real boom for lithium is set to begin in the years ahead as automobile manufacturers look to produce electric cars for a public that wants a greener and cleaner alternative to the fossil fuel vehicles of today.
The world’s auto manufacturers are planning 42 new electric cars by 2012 and by 2020 it is expected that 1 in 10 cars manufactured will be powered by lithium!
With oil back above $82 per barrel, 2010 could be the start of the lithium boom! You need to research LTUM immediately and add it to your radar screen!
LTUM‘s Fish Lake Valley property is a lithium-enriched Playa that is located in west central Nevada in northern Esmeralda County. LTUM’s holdings encompass an area of approximately 6400 acres. LTUM has recently concluded a grid geochemical sampling program on the property. All samples from this expanded program have been submitted to ALS Chemex Labs in Reno Nevada for analysis. LTUM will utilize a comprehensive multi-discipline approach for the selection of targets for the drilling program slated for 2010.
LTUM‘s Fish Creek Caldera prospect is located in west-central Lander County approximately 34 miles south of the County seat at the Town of Battle Mountain in northern Nevada. The property is comprised of 117 conventional 20 acre Lode Mining Claims, which cover an area of approximately 2340 acres. LTUM has initiated preliminary exploration work on the property in an effort to outline areas of lithium enrichment to define drill targets, for more precise evaluation of the economic potential of the property in 2010.
The leading U.S. based publicly traded lithium company Rockwood Holdings (ROC) made a run from a low of $3.36 to a high of $25.52 during the past twelve months! The international leader Sociedad Quimica y Minera de Chile SA (SQM) just hit a new 52-week high today and now has a $10.9 billion market cap!
LTUM just recently completed the acquisition of their properties and I consider it to be the undiscovered gem of the lithium industry!
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My firm Lebed Biz LLC has been compensated by a third-party (Wall Street Grand, LLC) $22,500 cash for a one-month LTUM investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
Jonathan Lebed
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