Interview Of TSX-V Market Veteran & Lithium Sector Bull, Ron Loewen

Does that mean Nevada Energy Metals is looking at acquisitions?

Yes. As their mission statement says, they are looking for new Lithium targets. Up until recently, Lithium was one of the only, if not the only, commodities that has experienced higher pricing each year from 2011-2015 and year-to-date. The Lithium battery industry is still in its infancy, now’s the time to strike. It’s like when oil & gas, ‘fracking’ reached a tipping point last decade, fortunes were made.

As I sit here today, the company already has 2 excellent lithium targets. One is an earn-in agreement with Dajin Resources for Alkali Lake and Alkali Flats, about 11 miles from Silver Peak and Pure Energy. The second is Teels Marsh West, situated on a closed basin with good surface sampling to date.

You are very passionate about the Lithium sector. Based on your commentary, it looks like there could still be a lot of opportunity here. Thank you for taking time out of your hectic schedule to answer my questions. 

url-3

It was my pleasure. In this business you need a lot of luck and a lot of hard work. Thanks to visionaries like Elon Musk, who has turned the transportation industry on its ear, we have a new commodity that looks like it is here to stay. I feel that a lot of people underestimate the green energy movement and the role that Lithium plays in it. But just think back to when people couldn’t even fathom that a company like Netflix would be the beginning of the end of a household name and staple like Blockbuster Video!!!

I think that we have probably seen the peak usage of fossil fuels and they will undoubtedly take a back seat to other energy sources such as renewables, sources that require Lithium for home and grid-scale storage. With the TSX-V turning around and with a commodity that has done very well while all other commodities were in a bear market, it’s time to look at Lithium juniors. Again, I remind readers that these stocks are high-risk and that there are no guarantees, the best advice I can give is to spend time reading, to do research and always seek the advice of a licensed investment advisor.

 

1 2 3 4
View single page >> |

DisclosuresThe views of Mr. Loewen are not necessary those of the ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.