Black Hawk Mines - Are all Lithium Mining Plays SCAMS?! I take a look at LIEG

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Black Hawk Mines

• Are all Lithium Mining Plays SCAMS?! I take a
  look at LIEG

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Are all Lithium Mining Plays SCAMS?! I take a
look at LIEG

• Are all Lithium Mining Plays SCAMS?! I take a
  look at LIEG, AMEL, LTUM, AMLM and BHWX Li3
  Energy Corporation (LIEG) Amerilithium (AMEL)
  Lithium Corporation (LTUM) American Lithium
  Minerals (AMLM) BlackHawk Exploration (BHWX)
  BLACK HAWK MINES
• In my previous life as a paid promotion site, I
  got to see any number of companies and sectors
  pushed and promoted that didnt deserve to be! It
  seemed that every week I was doing an Oil and Gas
  Play.  Alternative energy plays were very
  popularbiofuels and solar, too.  BUT, the clear
  winner over the past year has been the Lithium
  mining sector.  I saw a succession of mining
  plays like LIEG, AMEL, LTUM, BHWX and AMLM parade
  across the paid promotion universe.   They did
  just want pump and dumps should dothey
  skyrocketed and then fell.  They all has slick,
  professional websites that touted that Lithium
  was the energy source of the future.  It may
  well be, but these companies are very far away
  from being viable companies. The truth is I did
  alerts on all of these companies at one time or
  another over the past year.  I just ran across
  LIEG the other day and have added it to my list
  since it is in the lithium mining business and it
  is a paid promotion stock, too.

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• Is Lithium the energy source of the future? It
  certainly is when it comes to batteries for
  electric cars.  Greentech Media published an
  article by Mark Boslet called Lithium Battery
  Oversupply Debate Rages ( click here to read ).
   It was an entertaining article that makes a case
  that the future demand for Lithium batteries will
  be extremely strong.  Certainly Obamas
  multi-billion dollar investment in Lithium
  battery technology should bear some fruit for the
  domestic battery and electric car industry. Here
  are just a few facts that I have gleaned about
  Lithium The Obama administrations Energy and
  Environmental plan requires increased lithium
  production because the plan calls for ONE MILLION
  hybrid/electric vehicles on American roads by
  2015 and is investing BILLIONS to jumpstart a
  domestic electric battery industry. It may play a
  vital role to the future of the automotive
  industry. In fact, According to a new report from
  Pike Research, this market growth will create a
  Li-ion transportation battery industry with
  nearly 8 billion in sales worldwide by 2015, up
  from 878 million in 2010.

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• That is bound to have a HUGE impact on lithium
  mining companies.  I read somewhere that it take
  60 to 70 pounds of lithium carbonate to make the
  batteries that will go in the typical Electric
  vehicle.  Clearly, lithium is going to be a hot
  commodity going forward.  I am not sure that
  these companies are going to allow you to take
  advantage of the demand for Lithium. Are all
  Lithium Mining Stocks scams? I sure hope not.
   But, they have been a very popular pump and
  dump stock lately.  If you  are still interested
  in Lithium and want to get out of the pump and
  dump world their is always the new Lithium ETF
  LIT (Global X Lithium ETF)

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• There are larger mining concerns that are
  producing and viable (Chementall and SQM from
  Chile, FMC Lithium and Tallison Minerals from
  Argentina), but LTUM, AMEL, AMLM, BHWX and LIEG
  arent there yet.   Most current production is in
  what is known as the lithium triangle or
  lithium ABC Argentina, Bolivia and Chile.
   U.S. mining is concentrated in Nevadas Clayton
  Valley where several of these companies have
  exploration properties. (and Chementall Foote has
  the only producing U.S. Lithium mine).  By my own
  unscientific estimations, these other companies
  are many, many years away from viability. I did
  notice that LTUM and AMEL seem to be run by the
  same group since their websites are eerily
  similar.  So.some Lithium plays are so lazy they
  just recycle information off of another website.
   And, still people bought both stocks hand over
  fist when the pump was going on.

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• Lets take a look at these U.S. Lithium Mining
  Companies As you can see their charts are
  remarkably similar.they hit the ground running
  with lots of paid promotions and a great deal of
  buzz.  After initial success, most of the price
  action has been down.  In fact, all are trading
  significantly below their recent highs.
• Lithium is going to be a hot sector for many
  years to come.  I am not sure that any of these
  companies are going to hit the jackpot in the
  long run, but if you are a gunslinger trader you
  can certainly play the next pump on any one of
  these stocks.  Just be careful with these and any
  other of the hottest stocks that gets touted.
  When I introduce my paid newsletter site in
  another month, I will give traders the
  opportunity to take advantage of my research,
  experience and knowledge to pick the right
  stocksfree of hype and manipulation.  I dont
  have anything against any of these stocks.  I
  expect that very few of them will be around in a
  year or two, but I could be surprised.   Paid
  promotions (also called pump and dumps) are a
  great way to LOSE money for most traders.  Just
  be careful when you get the email or piece of
  mail touting the next hottest thing.  It might be
  hot, but only long enough for the promoters to
  make money!  Not you, though!

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• Here is what I am looking at for entry/exit
  points HA HA HA HA HA HA HA HA! (yeah, right!)
  Good Luck and Great Trading, Jeffrey Dean About
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