Piedmont Lithium is a mining company based out of NC, they’re currently in the process of getting board approval for a lithium mine in Gastonia, NC, just outside of Charlotte. That op won’t be running for a couple years so that’s a longer play, but there’s great potential for a short term play too. They’re currently at their lowest low in a while because of local media running NIMBY pieces, but approval is very likely to go through. Regardless, they own lithium deposits in both Canada and DRC, and the Canadian mine just started production. They also are in the process of getting US military protection in DRC, as a local militant force has been attacking the site. Everyone is distracted by Gastonia while they are making moves in Canada and DRC, and their earnings will reflect that. CNN’s 12 month forecast puts it at +118.49%, and that’s before operations even begin at their main mine. Strong buy.
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