AMLM American Lithium Minerals Inc (PK)

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The rapid and continuing ascent of portable technology and electric vehicles has boosted the lithium industry. Lithium is the preferred metal used in the batteries that fuel devices like smartphones, portable computers, as well as electric and hybrid vehicles. As demand for lithium rises alongside demand for such products, it has become increasingly important for exploratory efforts to be successful.

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Unsuccessful exploratory projects can prove very costly to lithium producers. Smaller companies like Lithium Corp. and American Lithium have even more at risk. American Lithium began its latest drilling venture in the Borate Hills of Nevada after 465 surface and trench samples were taken. The results of the exploratory efforts were deemed sufficient to begin drilling on November 4th. American Lithium currently is studying an additional ten sites throughout Nevada and Utah. Shares of the company have steadily declined in last year from $1.30 to its current price of $0.48. Success in the Borate Hills operation could help the company turn things around. Traders can get direct and free access to today's full report on American Lithium Minerals Inc. by signing up at http://wallstreetequityresearch.com/December062010AmericanLithiumMineralsInc.(AMLM.OB)061210.php.

Lithium Corp., on the other hand, began a similar drilling operation in Fish Lake Valley, also in Nevada. Exploratory efforts revealed the area to be rich in lithium deposits. Lithium Corp. owns a little over 7,000 acres in the region. Like American Lithium, shares have declined on the year with a high of $1.37 in January to its current price of $0.29. Traders can have complimentary access to today's complete research report on Lithium Corporation by signing up at http://wallstreetequityresearch.com/December062010LithiumCorporation(LTUM.OB)061210.php.

Both companies will likely need strong yields from their latest drilling operations to get share prices moving back towards the highs seen a year ago. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting the industrial metals & minerals industry in today's economic environment.

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