$RGDCF There are a plethora of studies indicating a lithium shortage is at our doorstep.
Patriot Battery Metals (RGDCF) to Play a Significant Role in the Battery Market Growth as Battery Metals are in High Demand
Good day everyone,
DD on 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 $.60/Share (at 10:00 AM EDT 9-28-21)
Patriot Metals had a great day in the Monday session gaining 22%, raising the company’s market cap to $19.9M. The rally in the company’s value is continuing today, in the Tuesday session as the shares opened at $.61 on higher-than-average trading volume.
The company’s flagship project id the Corvette-FCI Property, located in the James Bay Region of Quebec. It’s 100% owned by Patriot, is the most developed property the company has and presents with strong indications for copper and lithium. We want to talk about those two products.
Copper isn’t as glamorous a metal as gold, nor is it as expensive as silver (copper is $3.28 per pound).
Copper is used in pipework, wiring, batteries, and motors used in both vehicles and energy harvesting and storage systems. Copper is a key ingredient in the drive towards renewable power and fully electric vehicles. Did you know there are projections of a copper shortage that is estimated to rise to 4.17 million tons by 2030? That shortfall could be as high as 10 million metric tons if no new mines come online.
Lithium is used in our most prolific products and two big ones are the batteries for our ubiquitous cell phones and electric vehicles. There are a plethora of studies indicating a lithium shortage is at our doorstep. Some indicate growth in lithium consumption of 1800% over the next nine years. Some pundits say that Tesla’s growth could be impeded by a lack of lithium to produce batteries in the near term.
Lithium carbonate prices are up 220% year to date, not only because of demand but because of concerns over future supply. The growth of lithium mining doesn’t seem to be keeping pace with projections for the demand for it.
Patriot Metals checks all my boxes for a junior miner:
100% owned properties – check
Strategically located properties – check
Experienced management team – check
Adequate funding to move forward -check
Strong geophysical surveys – check
Currently working at their properties - check
Watch for our detailed report on the prospects for Patriot Battery Metals tomorrow.
Privacy policy and disclaimer: https://mailchi.mp/tradersnewssource/exciting...-649828?e=[UNIQID]
Patriot Battery Metals (RGDCF) to Play a Significant Role in the Battery Market Growth as Battery Metals are in High Demand
Good day everyone,
DD on 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 $.60/Share (at 10:00 AM EDT 9-28-21)
Patriot Metals had a great day in the Monday session gaining 22%, raising the company’s market cap to $19.9M. The rally in the company’s value is continuing today, in the Tuesday session as the shares opened at $.61 on higher-than-average trading volume.
The company’s flagship project id the Corvette-FCI Property, located in the James Bay Region of Quebec. It’s 100% owned by Patriot, is the most developed property the company has and presents with strong indications for copper and lithium. We want to talk about those two products.
Copper isn’t as glamorous a metal as gold, nor is it as expensive as silver (copper is $3.28 per pound).
Copper is used in pipework, wiring, batteries, and motors used in both vehicles and energy harvesting and storage systems. Copper is a key ingredient in the drive towards renewable power and fully electric vehicles. Did you know there are projections of a copper shortage that is estimated to rise to 4.17 million tons by 2030? That shortfall could be as high as 10 million metric tons if no new mines come online.
Lithium is used in our most prolific products and two big ones are the batteries for our ubiquitous cell phones and electric vehicles. There are a plethora of studies indicating a lithium shortage is at our doorstep. Some indicate growth in lithium consumption of 1800% over the next nine years. Some pundits say that Tesla’s growth could be impeded by a lack of lithium to produce batteries in the near term.
Lithium carbonate prices are up 220% year to date, not only because of demand but because of concerns over future supply. The growth of lithium mining doesn’t seem to be keeping pace with projections for the demand for it.
Patriot Metals checks all my boxes for a junior miner:
100% owned properties – check
Strategically located properties – check
Experienced management team – check
Adequate funding to move forward -check
Strong geophysical surveys – check
Currently working at their properties - check
Watch for our detailed report on the prospects for Patriot Battery Metals tomorrow.
Privacy policy and disclaimer: https://mailchi.mp/tradersnewssource/exciting...-649828?e=[UNIQID]
