Greg Reimer is the former Executive Vice-President of BC Hydro’s Transmission & Distribution network. BC Hydro is Canada’s 3rd largest electric utility with over $5.7 billion in revenue. Greg has a wealth of operational experience and strong leadership skills from over 26 years in the public sector. A Certified Public Accountant by profession, Greg held a number of senior leadership positions in in the public sector prior to joining BC Hydro.
In this article I discuss a lithium (“Li”) junior, wealth minerals, that has successfully locked down, via option agreements, several key lithium properties/projects in Chile (management still looking for more) and owns or controls four precious/base metal projects in Mexico, Peru and Canada. Each of the company’s assets is good to very good, but my focus is on the crown jewel.
It’s January 2017, President Trump has taken up official residence in the White House and the lithium market remains white hot. Is there a connection? No. There’s no natural reason to trot out the insatiable lithium demand narrative yet again, is there? Well, no, but I will anyway. 2016 was a remarkable year for natural resource investors, almost everyone had a thrilling ride. Lithium stocks were very strong until July, then cooled off through October. Even coal stocks flourished! Gold & silver had huge runs, but ran out of steam in August. Uranium was a complete dud, until all of a sudden, in November, it wasn’t.