THE PAINTED PIG'S WEEKEND WARRIORS APRIL 10/11-2010

THE PIG NOTES THAT FRIDAYS MOVE BY AAA.V WAS A PRECURSER TO SOMESORT OF NEWS HAPPENING. RUMOURS ABOUND ABOUT JOINT VENTURE PARTNERS, PROPERTIES, BUYOUTS ETC. SO THE PIG FIGURES WITH ANY KIND OF DECENT DRILLING RESULTS .70 LEVEL IS AVAILABLE FOR SETTLEMENT. ANOTHER PICK WAS SKE.V ON WEDNESDAY MORNING. THE PIG HAD A HUNCH, THE SCANNER DID TOO AND CHART BORE OUT THE FINDINGS, AND IT STARTED TO MOVE THURSDAY/FRIDAY. THE PIGS PLEASED THAT THESE SIGNALS FOR MOVES  BECOME MORE FREQUENT, MORE READABLE AND MORE PROFITABLE. IT MEANS WE ARE ON THE RIGHT TRACK. IT MEANS WE CAN MAKE SOME MONEY AT THIS GAME AND REDUCE SOME OF THE RISK. AS ALWAYS, ACCUMULATION, PATIENCE, AND THEN PROFIT ARE THE STEPS WE TAKE. THE PIG HOPES YOUR HAVING A GREAT WEEKEND, LETS GET ON WITH THE BISINESS AT HAND.

ON WITH THE SHOW....

CHU.V...AS THE INSIDE MONEY GOES. THE SCANNER PICKED UP THE CHANGE IN SENTIMENT, MOVING AVERAGE AND NET CAPITAL VECTORS WITH A VENGEANCE.

LOOKS LIKE THEY ARE PREPARING FOR NEWS AND BY THE LOOKS OF IT, IT MAY BE GOOD.

EGM.V...THE PIGS NOT SURE OF THE STORY, BUT THIS IS THE SECOND TIME IN A SHORT SPAN THAT ITS SHOWN UP HIGH ON THE SCAN LIST. IT MUST BE A PRETTY GOOD STORY. THIS PIGGY SCANNED VERY WELL IN 8 OF 10 AREAS. ACCUMULATION ALSO EVIDENT. SOME KEY SIGNS HERE SAYS THE PIG. WATCH FOR CONTINUED LIQUIDITY AND THEN MAKE YOUR MOVE, DON'T PAY TOO MUCH.

MNR.T....NO STORY FOR THE PIG. BUT HUGE ACCUMULATION AND CHANGE IN SENTIMENTS, MOVING AVERAGES, DISTRIBUTION AND UPTURN IN NET CAPITAL INFLOWS. MORE NEWS ? SOMETHING....THE PIG SAYS WATCH VOLUME INCREASES AND KEEP AN EYE TO ACCUMULATION NUMBERS. SOMEONES BUYING IT AND FOR SOME REASON.

LRM.T...SCANNER ODDITY OF THE WEEKEND.  THE PIGS NOT SURE HOW TO READ THE NUMBERS. BUT IT HAS SOME INTERESTING READINGS IS FOR SURE. WATCH IT AND WAIT AND SEE IF IT COMES BACK AND SHOWS SOME STEADY LIQUIDITY......ODD.....REALLY ODD..........

Pan American Lithium Corp. Featured as Stock Pick by KonLin Investment Letter

Posted by mincho2008


Saturday, 10 April 2010


Pan American Lithium Corp. (OTCBB:PALTF)(TSX VENTURE:PL)(www.panamericanlithium.com), a junior lithium exploration company based in Tucson, AZ, announced today that it is featured as a special stock pick in the April issue of the KonLin Letter, an independent New York-based investment newsletter (www.konlinletter.com) published by KonLin Research & Analysis. The investment letter cited the junior company as having an existing portfolio of rights in nine salars (brine lake and dry lake beds) in region III of Chile and the option to acquire an interest in a geothermal brine project in Mexico.






The KonLin Letter recognized the biggest single use of lithium is rechargeable lithium batteries for cell phones, cordless tools, laptops, MP3 players and video cameras. This segment represents about 30% of all lithium demand in the world and is growing at a 25% rate per year. The Konlin Letter also highlighted the following about PALTF, stating the ultimate target of 4-5:






"Most exciting, PALTF possesses advanced projects with near-term production potential in stable mining-friendly jurisdictions. Also, a large industrialized investor has signed a Letter of Intent in January to invest $5 million in PALTF and is winding down their technical due diligence."


"PALTF's astute management team, with President/CEO Andrew Brodkey (a mining engineer and mining lawyer) at the helm. As a result of strategic acquisitions (he) has positioned PALTF as a lithium junior with quality assets among the lowest production costs, allowing them to be first into market capturing the next wave in mineral exploration lithium."


"PALTF's Mexican partners, who own the private company Escondidas, entered into a joint venture with CPI Internacional, the owners of the brine concessions, to commercialize the geothermal brines. After successful due diligence, PALTF plans to purchase 76% or controlling interest in Escondidas, giving them an indirect 25% of the project. The strategic partnership puts PALTF light years ahead of most of its competitors since all the intense exploration and drilling work has been completed."


"One of PALTF's best Chilean salars is Laguna Verde, which can be pretty easy to pump and extract brines from. This gives PALTF a tremendous advantage over their competitors, as the Chilean projects could be the lowest product cost among other sources of Li and are going to be the first in getting the resource estimates, taking them to feasibility and ultimate production!"


The KonLin Letter also noted "PALTF will probably be the first to market geothermal brines in Mexico and nine salars in Chile with the goal of producing up to 10,000 tons of lithium carbonate a year."


On Behalf of the Board,






PAN AMERICAN LITHIUM CORP.






Andrew A. Brodkey, President and CEO




Ms Patricia Mohr economist of Scotiabank predicted that Canadian iron ore producers will enjoy huge price gains in 2010, judging from annual contract negotiations now underway between Australian and Brazilian miners and steel makers in Asia and Europe.







Ms Mohr forecast in an analysis published that prices will be driven up by recovering steel production and iron ore demand in the G7 as well as steel mill capacity in China. Meanwhile, Ms Mohr concurs with other metal analysts who are predicting that annual benchmark prices for iron ore may shift to flexible arrangements, more closely aligned with spot prices.






Ms Mohr said that iron ore spot prices from India are 122% above the annual contract price for Hamersley Fines from Australia delivered to northern China at USD 69.62, which she suggested points to a very large increase in annual contract prices, once negotiations are concluded for the 2010 fiscal year.






In the meantime, given the wide gap between spot and contract prices, Vale is reporting shifting its sales to more flexible arrangements linked to spot prices. BHP Billiton also favors more flexible pricing.






Ms Mohr observed that contract prices for Teck Resources' premium grade hard coking coal will increase from USD 128 per tonne to USD 200 for April to June quarter. Nippon Steel, JFE Steel Corporation, Sumitomo and others agreed to the increase, following the BHP Billiton Mitsubishi Alliance settlement in Australia at the same price.






Mr Mohr's research found LME copper prices remain exceptionally lucrative, yielding 63% profit margin over full breakeven costs including depreciation and interest expense. Copper demand is firm in the power sector and in electrical goods. He observed that LME inventories have also recently inched down.






She said that while the earthquake in Chile had only a limited impact on Chilean copper production, warranted material was taken from LME warehouses as a precaution against the possibility of delayed Chinese shipments. Meanwhile, there is little sign of improving US copper demand, given a weak construction sector, though we remain hopeful that the industrial turnaround will gradually lift consumption.






Meanwhile, North American potash sales surged to the highest levels in 15 years in January and remain relatively high. Canada's largest potash producer expects record North American sales in Q1 2010 after farmers deferred potash application in 2009.






(Sourced from www.proactiveinvestors.com)