RSD Weekly Recap: Advantage Lithium (TSX-V: AAL)
This is Gerardo Del Real with the Resource Stock Digest weekly recap.
Gold closed last week at $1,199/oz. for a weekly gain of 0.5%.
Silver followed higher, settling at $14.25/oz. for a weekly gain of 1.6%.
The dollar settled at 94.21 for a weekly loss of nearly 1%.
Copper rebounded to $2.82/lb. for a weekly gain of 5%.
Platinum settled at $826 for a weekly gain of 4%.
Palladium surged 7.5%, closing at $1,048/oz.
Zinc followed the base metals higher, settling at $1.12/lb. for a weekly gain of approximately 6.6%.
Oil broke the $70 level again, closing at $70.71/barrel for a weekly gain of 1%.
Uranium settled relatively flat, losing $0.17 and closing at $27.38/lb.
Lithium is once again catching the attention of the people that listened to Morgan Stanley earlier this year.
Advantage Lithium (TSX-V: AAL) CEO David Sidoo went over the plans for a DFS at Cauchari.
Advantage is a prime takeout targeted merits due diligence from anyone looking for a quality, cashed-up junior that provides excellent exposure to the lithium space.
That’s all for this week. This is Gerardo Del Real with the Resource Stock Digest weekly recap.