Thursday, October 21, 2010

Rodinia Lithium developing large deposits in Nevada and Argentina

2010_08_03_bos-phx-rno198Image by dsearls via Flickr
We have discussed the development of Rodinia Lithium in past posts, and in the interests of full disclosure, we have a long position in Rodinia (TSX V:RM).

During this "second leg" of the lithium bull market, it seems timely to remind readers about Rodinia and it's developing deposits in both Clayton Valley, Nevada and it's other excellent properties in Argentina, all of which show huge deposits, and potential, and three of which are in the top 25 properties worldwide.

Sunday, October 17, 2010

Canadian dollar - Hold on to your Loonies Canada!

The Canadian dollar went to parity last week for a short time before dropping back to the .99 cent U.S. range. It dropped another half cent later in the week to around .985 US.

This surge and short pull back can be easily explained in the context of the U.S. dollar. Essentially, it is dropping, like a stone, in the face of more quantitative easing (QE2) on the agenda of FED chairman Ben Bernake.