Black Hawk Mines - Are all Lithium Mining Plays SCAMS? - 0 views
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vladimir hugh on 16 Jul 12PowerPoint Presentation: In my previous life as a paid promotion site, I got to see any number of companies and sectors pushed and promoted that didn't deserve to be! It seemed that every week I was doing an Oil and Gas Play. Alternative energy plays were very popular...biofuels and solar, too. BUT, the clear winner over the past year has been the Lithium mining sector. I saw a succession of mining plays like LIEG, AMEL, LTUM, BHWX and AMLM parade across the paid promotion universe. They did just want "pump and dumps" should do...they skyrocketed and then fell. They all has slick, professional websites that touted that Lithium was the "energy source of the future". It may well be, but these companies are very far away from being viable companies. The truth is I did alerts on all of these companies at one time or another over the past year. I just ran across LIEG the other day and have added it to my list since it is in the lithium mining business and it is a paid promotion stock, too. PowerPoint Presentation: Is Lithium the energy source of the future? It certainly is when it comes to batteries for electric cars. Greentech Media published an article by Mark Boslet called "Lithium Battery Oversupply Debate Rages" ( click here to read ). It was an entertaining article that makes a case that the future demand for Lithium batteries will be extremely strong. Certainly Obama's multi-billion dollar investment in Lithium battery technology should bear some fruit for the domestic battery and electric car industry. Here are just a few facts that I have gleaned about Lithium: The Obama administration's Energy and Environmental plan requires increased lithium production because the plan calls for ONE MILLION hybrid/electric vehicles on American roads by 2015 and is investing BILLIONS to jumpstart a domestic electric battery industry. It may play a vital role to the future of the automotive industry. In fact, According to a new report from Pike Research, this market growth will