THE CRITICAL INVESTOR

Dear subscriber,

Today I am initiating coverage on Wealth Minerals, a sponsoring company. At this year's PDAC in Toronto I spoke to CEO Henk van Alphen and his team, and became impressed with the possible outcomes of their ongoing negotiations in Chile. By coincidence, seeing a high profile, well known mining investor sitting down with Henk and committing to a private placement, didn't look bad either. My extensive analysis became quite extensive indeed, as I wanted to discuss lithium more in-depth, as in my view it is very important to get a good understanding of the fundamentals of this metal, before deciding about any investments in lithium juniors. In short: those fundamentals look pretty good for the next few years.

This is a link to the article:

Wealth Minerals: Negotiating Its Way Into The World Class Maricunga Lithium Brine Project

Executive summary

Wealth Minerals is in the process of acquiring a part of Salar de Maricunga in Chile, a brine lithium project, by taking over Li3 Energy
The Maricunga project has been ranked as the 4th best brine project in the world
The local situation is complex, but CEO Henk van Alphen, COO Xiaohuan Tang and newly appointed executive director Marcelo Awad are respected, experienced and successful businessmen in China, Latin America and especially Chile, and are working out a possibly very interesting solution
With current developments in electric vehicles and energy storage fueling lithium prices to unprecedented levels, problematic or even absent production expansions, the lithium carbonate supply/demand situation seems constrained for many years to come, creating healthy market fundamentals for Wealth Minerals
It's a long read, but it could be worth your time and more. Thanks for your interest,

Regards,

The Critical Investor