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Portofino Resources Inc (POR)

TSXV
Currency in CAD
Disclaimer
0.0450
+0.0050(+12.50%)
Closed

POR Comments

Portofino is currently trading at a massively appealing taxloss deal of $0.9, definitely a promising lithium play to look into. Tons of strong updates forthcoming into early ‘22. They announced updates this week. Too many to list, topline highlights include Yergo reporting values up to 373 mg/l Lithium that included low impurities - drilling readied awaiting approval. Check the full announcement
Portofino closes increased $700K non-brokered private placement, this announcement means they've successfully raised $1.35M over the past 2 weeks, fully funding the proposed drill program on the Yergo lithium project to commence this month with potential expansion plans.
CAUTION!!!!
Just wondering where’s the profile for this company?🤔🤔
Lithium demand is hot and Portofino is a solid undervalued play, currently at seriously discounted prices. They've completed a grab sampling returning up to 398 ppm Li, 90.5 ppm Cs, 1040 ppm Rb and 135 ppm Ta - DOUBLE Li/Tb and 10x Ta from previous OGS in 2003! Great time to order more $PFFOF promising results are coming and volume will build from anticipation.
Portofino is my lithium play. They've just announced drilling contracts for their hotly anticipated Yergo Lithium property. With drilling updates forthcoming, now is an ideal time to invest before a breakout.
Lithium is very hot, playing a critical role in the booming global EV market valued at $140b in 2019 and expected to be worth $700b by 2026. Portofino is my under-the-radar lithium pick - at only $.08, it's extremely undervalued & well positioned to profit in the lithium market's exponential growth. Currently, they've acquired 100% interest in the Yargo Project - located in the Argentinian "Lithium Triangle" and they've also completed initial exploration of the Allison Lake North Lithium property with promising results.
Strong likelihood they'll breakout in August like they did last year and the recent exploration/channel sampling identifying lithium, beryl and tourmaline is definitely a positive sign.
Allison Lake project looks really promising!! $POR geologists have encountered several granitic pegmatite outcrops on the Allison Lake property. Allison Lake granitic pegmatites are known to be enriched in lithim and other rare elements.
$POR Portofino Resources is a Canadian lithium producer, the next decade will be great!Reuters reports that demand is turbocharged and that “Rising demand for lithium is stoking prices for the electric vehicle battery metal, fueling long-delayed expansions that still may not produce adequate supplies that automakers need to meet aggressive production plans.”
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