Friday, March 23, 2018

Take Appx 60% Profit Today NOW!


Pilbara Minerals Limited (PLS.AX) explores for and develops natural resources in Australia and Papua New Guinea, primarily lithium and tantalum.

But PLS’s flagship asset is its Pilgangoora Lithium Project in WA. Before we recommended buying the company it had determined a JORC Resource of 80.2Mt at 1.26% Li2O, equivalent to 1.7Mt of contained LCE.  Thus Pilgangoora appears to be the world’s 2nd largest hard rock lithium deposit, ranking only behind the world class Greenbushes mine.  Compared to other emerging hard rock lithium producers, Pilgangoora ranks above average in terms of size, grade, and costs, as well as demonstrating favourable metallurgy to date, according to reports.

Since Lithium is an essential Element in Modern Battery Technologies, (think, e.g., Electric Cars!), it is no surprise that PLS.AX shares have more than doubled since we recommended it at 54¢ per share, to a high of $1.18.

Important: Though we expect there to be a continuing demand for Lithium for electric cars, etc., considering likely Effects of Key Sector Spikes Up & Key Sector Crashes! (see this Week’s Alert!!) and considering that the share price has fallen back under $1, we believe you should take profit TODAY NOW by selling your remaining shares!

Recommendation to Consider

            Sell your remaining shares in PLS.AX.

This should generate about a 60% profit for those who bought when we recommended it (08/3/2016). That’s about 44% Profit annualized.

Congratulations!


Best regards,

Deepcaster
March 23, 2018

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