Expecting some good movement over the next few days...
This company has been garnering a lot of investor attention over the last 30 days.
Good day everyone,
Initiating coverage of Patriot Battery Metals, Inc. (OTCQB: RGDCF), a mineral exploration company focused on the acquisition and development of mineral projects containing battery, base, and precious metals. RGDCF is a Canadian company also traded on the CSE as PMET.
Current price $.55/Share (at market close 9-27-21)
We are always looking at junior miners to see where there may be the potential for growth in value. When we looked at the RGDCF properties, their operations, and the low market cap of $16.1M we wanted to bring this opportunity to your attention. There have been recent fluctuations in the company’s value that we believe could result in a swing for the company shares.
Patriot is a junior mining company with a focus on metals that are crucial to the industries of today including copper, lithium, gold, and silver, amongst other valuable compounds. The company has mining interests in both Canada and the U.S.A.
RGDCF shares have done well this year, posting significant gains as the company solidifies the ownership of properties and makes progress on their development. Now the company shares are paused in their growth giving up some of the recent gains to inevitable profit taking. I believe this creates an entry opportunity for our members.
In a recent development, announced on September 23rd, RGDCF advised the first drill hole of its inaugural drill program at its flagship Corvette-FCI Property, located in the James Bay Region of Quebec. The program is focused on the CV5-6 Spodumene Pegmatites, part of the more than 25 km long CV Lithium Trend, as well as the core area of the more than 10 km long Maven Copper-Gold-Silver Trend.
The Corvette-FCI drill program will be comprised of 15 to 20 drill holes for a total of approximately 2,000 m of NQ size coring. Approximately 1/3rd of the drill meterage is expected to target the CV Lithium Trend and the remaining 2/3rd focused on the Maven Cu-Au-Ag Trend. This drill program marks the first drill testing to date along these two highly prospective trends as well as the first drill program by the company on the Property to date.
According to Research and Markets, the global battery metals market was valued at $11.3 billion in 2019 and is projected to reach $20.5 billion by 2027, growing at a CAGR of 8.2% from 2020 to 2027.
Considerations for RGDCF:
Shares trading 25% off their 9-23-21 price.
Modest float (est.) of 32M shares.
Market cap is only $16.1M
Strategically located properties with indications of battery related compounds.
Experienced management team.
Cash and equivalents of $2.9M (6-30-21)
Lithium pricing and demand are strong
In August, RGDCF became the 100% owner of the Freeman Creek Gold Property, located in Idaho, USA. The Freeman Creek Property hosts two major advanced targets; the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu. The company has interests in several other properties as well.
We want to direct you, as a part of your due diligence, to a company presentation that is fully informative about the company’s properties and operations. You will also find information on the markets for many of the metals within the RGDCF purview.
On August 24th, 2021, the company filed a Management Discussion and Analysis with the OTC for the period ended 6-30-21. In the discussion the company advised that on August 5, 2021, the Company commenced an induced-polarization and resistivity geophysical survey at the Company’s wholly owned Freeman Creek Gold Property. The survey is being completed over the Carmen Creek and Gold Dyke prospects to further delineate the mineralized occurrence(s) and as a drill hole targeting tool.
We see further indication of the value opportunity in RGDCF when we compare their market cap to other Canada based OTC listed junior mining companies that are in development (absent revenues), and similar in scope (battery metals).
Acme Lithium (ACLHF) $35M
First Cobalt (FTSSF) $117M
Patriot Metals (RGDCF) $16M
Graphite One (GPHOF) $58M
Neo Lithium (NTTHF) $487M
Patriot Metal looks to be a viable and undervalued prospect in the junior mining sector, and we believe they are involved in lucrative metals with growth indicated.
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral projects containing battery, base, and precious metals. The Company's flagship assets are the wholly owned Corvette Property and the FCI Property (held under Option from O3 Mining Inc.) located in the James Bay Region of Québec, and the Freeman Creek Gold Property, located in Idaho, USA.
The Corvette-FCI Property includes the wholly owned Corvette claim block, and the FCI East and West claim blocks held under Option from O3 Mining Inc. The claim blocks are contiguous, and host significant gold-silver-copper-PGE-lithium potential highlighted by the Golden Gap Prospect with grab samples of 3.1 to 108.9 g/t Au from outcrop and 10.5 g/t Au over 7 m in drill hole, the Elsass and Lorraine prospects with 8.15% Cu, 1.33 g/t Au, and 171 g/t Ag in outcrop, and the CV1 Pegmatite Prospect with 2.28% Li2O over 6 m in channel.
The Freeman Creek Property hosts two major advanced targets; the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu.
In addition, the Company holds the Pontax Lithium-Gold Property, QC; the Golden Silica Property, BC; and the Hidden Lake Lithium Property, NWT, where the Company maintains a 40% interest, as well as several other assets in Canada.
Stay tuned for more on RGDCF,
Privacy policy and disclaimer: https://mailchi.mp/tradersnewssource/exciting...-649824?e=[UNIQID]
This company has been garnering a lot of investor attention over the last 30 days.
Good day everyone,
Initiating coverage of Patriot Battery Metals, Inc. (OTCQB: RGDCF), a mineral exploration company focused on the acquisition and development of mineral projects containing battery, base, and precious metals. RGDCF is a Canadian company also traded on the CSE as PMET.
Current price $.55/Share (at market close 9-27-21)
We are always looking at junior miners to see where there may be the potential for growth in value. When we looked at the RGDCF properties, their operations, and the low market cap of $16.1M we wanted to bring this opportunity to your attention. There have been recent fluctuations in the company’s value that we believe could result in a swing for the company shares.
Patriot is a junior mining company with a focus on metals that are crucial to the industries of today including copper, lithium, gold, and silver, amongst other valuable compounds. The company has mining interests in both Canada and the U.S.A.
RGDCF shares have done well this year, posting significant gains as the company solidifies the ownership of properties and makes progress on their development. Now the company shares are paused in their growth giving up some of the recent gains to inevitable profit taking. I believe this creates an entry opportunity for our members.
In a recent development, announced on September 23rd, RGDCF advised the first drill hole of its inaugural drill program at its flagship Corvette-FCI Property, located in the James Bay Region of Quebec. The program is focused on the CV5-6 Spodumene Pegmatites, part of the more than 25 km long CV Lithium Trend, as well as the core area of the more than 10 km long Maven Copper-Gold-Silver Trend.
The Corvette-FCI drill program will be comprised of 15 to 20 drill holes for a total of approximately 2,000 m of NQ size coring. Approximately 1/3rd of the drill meterage is expected to target the CV Lithium Trend and the remaining 2/3rd focused on the Maven Cu-Au-Ag Trend. This drill program marks the first drill testing to date along these two highly prospective trends as well as the first drill program by the company on the Property to date.
According to Research and Markets, the global battery metals market was valued at $11.3 billion in 2019 and is projected to reach $20.5 billion by 2027, growing at a CAGR of 8.2% from 2020 to 2027.
Considerations for RGDCF:
Shares trading 25% off their 9-23-21 price.
Modest float (est.) of 32M shares.
Market cap is only $16.1M
Strategically located properties with indications of battery related compounds.
Experienced management team.
Cash and equivalents of $2.9M (6-30-21)
Lithium pricing and demand are strong
In August, RGDCF became the 100% owner of the Freeman Creek Gold Property, located in Idaho, USA. The Freeman Creek Property hosts two major advanced targets; the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu. The company has interests in several other properties as well.
We want to direct you, as a part of your due diligence, to a company presentation that is fully informative about the company’s properties and operations. You will also find information on the markets for many of the metals within the RGDCF purview.
On August 24th, 2021, the company filed a Management Discussion and Analysis with the OTC for the period ended 6-30-21. In the discussion the company advised that on August 5, 2021, the Company commenced an induced-polarization and resistivity geophysical survey at the Company’s wholly owned Freeman Creek Gold Property. The survey is being completed over the Carmen Creek and Gold Dyke prospects to further delineate the mineralized occurrence(s) and as a drill hole targeting tool.
We see further indication of the value opportunity in RGDCF when we compare their market cap to other Canada based OTC listed junior mining companies that are in development (absent revenues), and similar in scope (battery metals).
Acme Lithium (ACLHF) $35M
First Cobalt (FTSSF) $117M
Patriot Metals (RGDCF) $16M
Graphite One (GPHOF) $58M
Neo Lithium (NTTHF) $487M
Patriot Metal looks to be a viable and undervalued prospect in the junior mining sector, and we believe they are involved in lucrative metals with growth indicated.
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral projects containing battery, base, and precious metals. The Company's flagship assets are the wholly owned Corvette Property and the FCI Property (held under Option from O3 Mining Inc.) located in the James Bay Region of Québec, and the Freeman Creek Gold Property, located in Idaho, USA.
The Corvette-FCI Property includes the wholly owned Corvette claim block, and the FCI East and West claim blocks held under Option from O3 Mining Inc. The claim blocks are contiguous, and host significant gold-silver-copper-PGE-lithium potential highlighted by the Golden Gap Prospect with grab samples of 3.1 to 108.9 g/t Au from outcrop and 10.5 g/t Au over 7 m in drill hole, the Elsass and Lorraine prospects with 8.15% Cu, 1.33 g/t Au, and 171 g/t Ag in outcrop, and the CV1 Pegmatite Prospect with 2.28% Li2O over 6 m in channel.
The Freeman Creek Property hosts two major advanced targets; the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu.
In addition, the Company holds the Pontax Lithium-Gold Property, QC; the Golden Silica Property, BC; and the Hidden Lake Lithium Property, NWT, where the Company maintains a 40% interest, as well as several other assets in Canada.
Stay tuned for more on RGDCF,
Privacy policy and disclaimer: https://mailchi.mp/tradersnewssource/exciting...-649824?e=[UNIQID]
