LTHM - 2022 Bear Market Bargains Series - Lithium South Development Corp.
- Lithium South is developing the high grade, low impurity, Hombre Muerto North ("HMN") Project in the Salta province of Argentina. Drill results soon with potential to further grow the resource.
- Valuation looks exceptionally attractive on a current market cap of only C$45m for a top quality lithium brine resource in a world renowned salar. It is a possible takeover target.
- Risks revolve mostly around Lithium South progressing towards production as well as lithium prices and moderate country risk in Argentina.
- We view Lithium South Development Corp. as a great speculative buy, suitable for a 5-year plus time frame.
For further details see:
2022 Bear Market Bargains Series - Lithium South Development Corp.