best stocks canada lithium battery 2011
Canadian rare metal mine developer Canada Lithium Corp has seen a stock return of 35% in the first month of 2011. Canada Lithium Corporation is developing lithium mines in Quebec, Canada. The firm has completed a feasibility study for the lithium mine near Val d’Or, southwest Quebec. Canada Lithium Corp aims to develop an open pit mine and production plant for producing lithium carbonate. Production of battery- grade lithium carbonate should start in 2012, making it a project that will be completed in the near future. Compared to similar companies, the production start in 2012 is quite near. Therefore, it is no surprise that investors have turned their gaze to the stock of Canada Lithium Corp. Stocks of the lithium developer is traded on the Canadian TSX exchange. The company has made a deal with Mitsui Co for the delivery of lithium for Chinese, Korean and Japanese markets. Recently, the company closed an investment agreement with BlackRock worth $10 million. This investment has skyrocketed the stock in the last month with a 35% return as it’s outcome. One year stock growth at over 200% and a growth of eight times it’s stock value in the last five years certainly attracks fellow investors. Canada Lithium Corp is one of the best performing lithium stocks on the market. For 2011, Canada Lithium Corp remains a stock to watch as it is expected that more investment deals will be made. --- Read More
Categories:
Lithium Stocks