StockEgg.com - AMEL Powering the Future
Special Alert - AMEL
My new pick is AMEL.
Start your research on AMEL right away, you will find this could be a huge bounce play!!
Take a look at the chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=amel&sid=0&o_symb=amel&freq=7&time=18
AMEL has pulled back to a support level so this looks like a great opportunity. AMEL is also a fairly new issue so that’s even better.
AMEL is known to move fast, it has doubled in 2 days before, so it could easily do it again.
AMEL is a mining company that is committed to becoming one of the leading American players in the global lithium industry.
Lithium plays an important role in our shift from traditional fossil fuels to cleaner energy.
Check out this YouTube video talking about the future of lithium: http://www.youtube.com/watch?v=lCetmbHgl9I&feature=player_embedded
The electric vehicles that may overtake the roads in the near future are dependent on batteries.
Batteries that need lithium!
AMEL has a huge lithium portfolio, consisting of 710,000 acres, and a location spot in Nevada that is next to the ONLY lithium producing plant in the U.S.!
AMEL also has a project in Alberta Canada as well as Western Australia.
AMEL has strategic positioning in the U.S. lithium heartland which could separate them from competition pretty quickly.
AMEL has a 5,880-acre Paymaster Project that is adjacent to the only US-based lithium producing plant, located in Nevada’s Clayton Valley.
Over 30,000 years ago Clayton Valley was part of a very large lake that experienced volcanic activity resulting in the fall out of lithium rich ash.
The future is changing ever so quickly and a leading component in America’s plan for a new energy economy is lithium power!
This gives AMEL a very huge market as so many industries in the future will rely on lithium.
The lightweight versatile nature of lithium has made it a vital element in a wide range of consumer products.
Here’s a breakdown of how lithium is used in a vast amount of industries:
Medical Industry - as an anti-depressant
Electronics - for laptop batteries, cellphone batteries, digital camera batteries
Industrial - glass, ceramic, and porcelain enamel manufacture
Aviation - in alloys
Major users of lithium include Honda, BMW, Nissan, Sanyo, Apple, Dodge, Mercedes Benz, Nokia, and Toyota!
If industry giants like this are in demand for it, that must mean something.
AMEL recently announced huge news that they have entered into a $10 million financing agreement on March 26, 2010 with a European institutional investor (”the Investor”) focused on mining ventures.
The financing will effectively enable AMEL to launch its geological exploration program for its North American properties!
AMEL CEO Matthew Worrall commented, “We couldn’t be happier. Not only has AmeriLithium gained the support and substantial financial backing of a forward-thinking backer, but through this investment we also find ourselves in the perfect position to immediately initiate our exploration program.”
Worrall continued to say, “While we have a lot of work ahead of us, we’re fortunate that both our projects are in regions with rich histories in mineral extraction. As such, the infrastructure, machinery and human expertise are already in place to get on with the job of further surveying and hopefully drilling.”
Lithium ion batteries are expected to be a monstrous part of the future. Investing in lithium today can be compared to investing in oil when the combustible engine first came around.
The Obama administration has introduced $5 billion in funding and incentives for the development of a secure, domestic battery industry with special focus on lithium-ion batteries!
Start your research on AMEL fast at: www.amerilithium.com
Please do your due diligence and consult with a financial professional.
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