100% interest in the NMX East, a lithium property tied to Nemaska Lithium Inc.’s (TSX.V-NMX) Whabouchi property in Quebec with 23Mt Proven and Probable @ 1.53% Li
Comprised of 23 claims which cover 1,200 hectares and is located within a few kilometres of Nemaska’s proposed mining pit.
Nemaska Lithium is developing the world’s newest lithium mine in Quebec and has signed agreements with its key stakeholders, gained the required permits and was recently awarded both Federal Environmental Approval and the Province of Quebec Mine Approval
Good morning everyone. Just an FYI that I started accumulating a position in Avalon last week at $2.57. This is a tax-loss selling trade as I believe the selling has been overdone and will yield a nice return in Q1 2012.
As always, this is my own personal investment decision taking into account my own personal risk profile. Please do your own DD, figure out your own risk and speak to your advisors before doing anything.