American Lithium Gains Momentum: Good Time To Consider Now?

The American Lithium Corp (OTC: LIACF) stock has been in the middle of a strong rally over the past six weeks and has soared by as high as 60% during that period. In such a situation, it could be worthwhile for investors to perhaps have a closer look at the company and its business.

9cbmiE

American Lithium is regarded as a major player in the acquisition, development, and exploration space and back in January, the company made a major announcement. At the time the company announced that it submitted its Plan of Operations for the next stage of development of its Tonopah Lithium Project to the Bureau of Land Management. The project in question is located in Nevada.

American Lithium has performed drilling operations at the property from 2019 through to 2020 and it resulted in the discovery of lithium of considerably higher quality. The company has revealed that the total resources equal as big as 5.37 million tons of lithium carbonate equivalent to go along with another 1.37 million tons that are inferred.

wp2060565

Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life

Alex Krakowsky has 979 posts and counting. See all posts by Alex Krakowsky