Larry Oakley of WallStreetCorner.com Sees Great Potential in Pan American Lithium Corp.

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Larry Oakley states that Pan American Lithium Corp. (TSX Venture: PL.V; Pink Sheets: PALTF) is so far the one he feels has the best potential of all of the companies in the lithium carbonate mining industry.

Only those companies that develop a solid foundation will succeed. Pan American Lithium is, in my opinion, the best prepared of all of the companies that I have investigated.

Larry Oakley states that Pan American Lithium Corp. (TSX Venture: PL.V; Pink Sheets: PALTF) is so far the one he feels has the best potential of all of the companies in the lithium carbonate mining industry.

Oakley, editor and publisher of WallStreetCorner.com, an international investment newsletter published in South Carolina and distributed to serious investors in 96 countries, posted his most recent Pan American Lithium Alert today in “Larry Oakley’s Comment” column at http://www.WallStreetCorner.com WallStreetCorner.com was formed 20 years ago by Larry Oakley, known as the “Elder Statesman of Emerging Growth Company Writers” worldwide.

In Oakley’s editorial, he describes the “Background You Need to Understand This Industry:”

“Many small companies that want to enter the lithium carbonate market have seen the potential represented by the strong interest on behalf of many automobile manufacturers in developing additional hybrid and totally electric cars that use lithium-ion batteries. They understandably want to be a part of such a growing industry.

“Unfortunately, many such small companies do not understand that lithium carbonate is quite different from precious metals that will always have a waiting market, with the ability to always be able to easily sell their product. Yes, this market will grow immensely in the next few years, but most of the companies I speak of do not realize that this is a limited market. In my opinion, they are not embracing the strategy that is the key to success in this particular industry.

“One problem they forget is that the move into full-scale production of lithium carbonate entails very great cost, & they assume that they can be financed through normal paths. Perhaps they can get such small amounts as $10 to $20 million, but that is only the tip of the iceberg of what is needed to get into adequate production volumes. Another problem is that they assume that the same strategy that has successfully been applied to the businesses of developing sources of gold, silver, copper, & such metals can be applied to lithium carbonate. I feel that is a fatal mistake, & that most small companies will fail because of their embracing that mistake.

“Only those companies that develop a solid foundation will succeed. Pan American Lithium is, in my opinion, the best prepared of all of the companies that I have investigated.”

As his ending comments, Oakley gave his opinion of why Pan American Lithium will prosper:

“1. It recognized all of the problems I enumerated above, & has carefully laid its foundation to avoid them.

“2. It is in serious discussions with several companies that have two vitally important characteristics:

(a) They are large important users of lithium carbonate that want a steady, reliable source that they can absolutely count on.

(b) They have the ability to arrange the large financing that is needed to ensure that their source will be able to meet their future needs.

“3. It has already made arrangements for mine permits & related actions, so is on track in all of the important aspects of their business plan.

“Actually, I suspect that such off-take partner companies have approached Pan American Lithium, as opposed to what is most likely being done by would-be competitors on the other side of that fence.

“I have already given you the background on Pan American Lithium in some of my previous editorials & related Alerts. I suggest that you do some homework on your own on this emerging growth situation.”

Safe Harbor Statement: This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include market conditions, regulatory approvals, and other risks.

Contact: Larry Oakley, editor, WallStreetCorner.com, Inc.

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