Snow lake resources = life changing moneySnow lake has been developing an admirable portfolio of drill sites to their repertoire. With multiple drill sites containing a slew of significant resources, and the snow lake site appraised with an estimated NPV of 1.7 billion. This company seems like a no brainer. Their drill site results should be published soon this month or in Feburary, and they have done three cash offerings to raise cash on hand and capital. The company is well positioned to drill on their sites. I have estimated that they will be making 150 million a year in revenue just off of the lithium in their snow lake site. They have found Uranium and Gallium at their drill sites as well. Gallium is crucial for semiconductor fabrcation and is considered one of the most valuable resources on this day. Most of Gallium and semicoductor production is found in Taiwan and this discovery raises an eye when it comes to valuation on this company. With Ai needing more power for the data centers Uranium/nuclear power has become a major point when it comes to pwoering these data centers. With a market cap of 100million currently this company is considered seriously undervalued with just the estimated profit from lithium drilling at snow lake. I think you will see this company reach a valuation of around 1billion-5billion and you might see these shares rise up from around 1.00 to 20-40 dollars a share in a few years time.
Thanks,
Ben
Northamerica
Weekly Institutional BTC Outflows Reach $75 MillionWith $75 million worth of weekly outflows, Bitcoin (BTC) investment products remained under pressure after the crypto asset failed to break above $43,000. Institutional investors pulled money out of the crypto products and invested in safe-haven assets last week.
In total, the digital asset investment products have seen outflows worth $47 million in the past week, the second consecutive week of outflows. Apart from BTC, Ethereum witnessed outflows during the mentioned period.
The crypto outflows predominantly came from the North American digital asset services providers. Due to the weekly outflows, the overall value of global digital assets under management decreased slightly to $53.6 billion.
NASDAQ - last leg of a correction up before path to new lowsNASDAQ 100 is tracing a final minute 5 wave of minor C that will complete intermediate wave 2 up. After this move is complete the index should start its path to new lows. Possible target for the reversal is at 8,600 points. FOLLOW SKYLINEPRO TO GET UPDATES.
long above 2105 short below 2080 at these stage spx is on a no go zone , on up side price action is sitting on big resistance around 2095 and a fib level a couple point above that and below it face as support and it quit a BIG one that have been defended for quit some time now but it will be very interesseting to see wich side it's going to actually go , on either side they are big target long side all time high short side around 1600 area would be kind of an ideal target for LONG time swing long !!