Skip to content
April 19, 2024

Equity.Guru

Investment information for the new generation

Search
Beyond Minerals' (BY.C) big lithium buy Chris Parry Analyzes Ontario's Pegmatite Goldmine! 🚀🔋💎

Beyond Minerals (BY.C): Tapping into the High-Demand Lithium Market with Extensive Property Acquisitions in Ontario

Beyond Minerals (BY.C), a junior mineral explorer trading on the CSE, has recently acquired an impressive 57 high-potential Greenfield Lithium properties in Ontario, bringing their total lithium property portfolio to an astonishing 66 properties with high-potential for pegmatite. Equity Guru’s founder, Chris Parry, discusses this substantial acquisition and the potential impact on Beyond Minerals’ future prospects in a new video analysis.

Lithium, the lightest metal with a density about half that of water, is primarily used in batteries, ceramics and glass, greases, pharmaceutical compounds, air conditioners, and aluminum production. Its importance in the growing electric vehicle (EV) market is indisputable, with an electric car requiring a 20kWh lithium-ion battery, equivalent to 2,500 battery cells. Considering the global shift towards EVs and their reliance on lithium, Beyond Minerals’ aggressive acquisition strategy positions the company as a key player in this thriving market.

The recent announcement has put Beyond Minerals in a significant position in every major LCT Pegmatite district known in Ontario, with over 500 individual pegmatites known to exist on the properties. Some pegmatites are mapped as being over 100 meters wide and can be traced for up to 2.5 km on strike. The company’s stock has experienced a 50% increase over the last week, but with a current market cap of only $11 million, there’s still plenty of room for growth.

Beyond Minerals’ focus on pegmatite-hosting properties is a strategic move, as lithium can be found in two forms – brine and pegmatite. The company is opting to target pegmatite, pursuing lithium rock instead of brine, which requires a lengthy extraction process. This decision further distinguishes the company in the lithium market.

Parry emphasizes the potential for further value in the company as they sift through historic data on these properties, which were not initially assayed for rare elements. Uncovering critical metals in the acquired properties could make Beyond Minerals even more attractive to investors.

While the company’s stock continues to rise, Parry recommends not waiting for a dip in the market to invest. The rapid growth of the EV market, coupled with Beyond Minerals’ aggressive acquisition strategy, suggests a promising future for the company. Led by CEO Al Frame, the team behind Beyond Minerals has a proven track record of creating wealth, as demonstrated by their success with Prismo Metals.

Investors interested in lithium explorers should keep a close eye on Beyond Minerals (BY.C) as they continue to make strategic moves to corner the Canadian pegmatite lithium market. With their extensive property portfolio and a strong management team, this company is well-positioned for growth in the burgeoning lithium industry.

Remember to always consult with a financial advisor before making any investment decisions, and stay up-to-date with the latest news by subscribing to Equity Guru’s YouTube channel.

Beyond Minerals currently trades at $0.46 CAD per share for a market cap of $11.65 million.

Beyond Minerals Stock Chart YTD 04-07-23

Related Posts

More on