RGDCF remains green this morning and is now up approximately 10%.

SmallCapFirm

Climbing To A New 52-Week High On Big Drilling News, (RGDCF) Is Now Up Approximately 10%

Canada (CSE:PMET)

September 23rd

SCF Readers,

RGDCF remains green this morning and is now up approximately 10%.

On top of that, when RGDCF hit a high of $.7081 this morning, it reached a new 52-week high.

Could more be on the way?

In case you haven't read it yet, check out the big company news release this AM: Patriot Battery Metals Collars First Drill Hole on the Corvette-FCI Property, James Bay Region, Quebec, Canada

Furthermore, RGDCF continues to display several bullish technicals over the short, medium, and long term according to Barchart along with a triggered "TrendSpotter" composite indicator.

As news continues to trickle in moving forward from RGDCF's flagship property where drilling is just now underway, could it send this profile to news heights?

Take a second now and read my initial report below.

-----

Leaders from all over the world have big plans to battle climate change.

The U.S. just pledged to reduce emissions by up to 52% over the next several years.(1)

Europe wants to cut CO2 emissions by up to 55% by 2030.(2)

China says it’ll stop releasing CO2 in the next 40 years.(3)

To cut emissions, they all want millions of electric vehicles (EVs) on the roads. Unfortunately, it CANNOT happen without enough lithium and copper supply.

There’s just one problem...

Right Now, the World is Running Dangerously Short on Copper and Lithium Supply

Good news is there's one company I've been following that could be in a prime position to become a world leader due to this supply crunch.

For Thursday, September 23rd, there is only exploration company to have on your radar:

Patriot Battery Metals Inc. (RGDCF)

Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral projects containing battery, base and precious metals.

Patriot Battery Metals Inc. also trades on the Canadian Securities Exchange under the symbol (PEMT) and on the Frankfurt Stock Exchange under the symbol (R9GA).

The Company’s primary asset is the Corvette-FCI Property which hosts numerous occurrences of copper, lithium, and high-grade gold. In addition, the Company holds several other properties that are prospective for lithium, copper, gold, and high purity silica.

Copper And Lithium Market Overview

COPPER and LITHIUM are crucial to much of the modern world and, in particular, industries and technologies related to sustainable energy.

COPPER possesses electrical and chemical properties delivering superior conductivity (both electrical and thermal) increasing the efficiency of numerous energy-related systems that rely on electric motors and transformers.

These same properties are also highly prized and integral to the harvesting, storage, and distribution of energy from renewable sources such as solar and wind.

LITHIUM is another key element in the infrastructure and technology of the world of tomorrow. With a range of target markets covering everything from personal electronics to transportation, to large-scale energy storage and distribution projects, lithium is a key asset with almost limitless usage scenarios.

Copper Highlights

A GLOBAL SHORTFALL

In the next ten years, the world may have to face the prospect of a huge shortfall of copper, arguably the most critical metal for today's economies.

Copper is used in all areas of modern life from pipework and wiring in the home to batteries and motors used in both vehicles and energy harvesting and storage systems. As a result, copper is a key ingredient in the drive towards renewable power and fully electric vehicles. Unless the supply deficit is addressed, prices will keep rising as scarcity increases and this will present a huge challenge to world leaders who have pledged to fight climate change through the transition to renewable energy.

In order to close the deficit in supply (estimated to rise to 4.7 million metric tons by 2030), the copper industry would need to spend upwards of $100Bn, according to estimates from CRU Group. Worse, the potential shortfall could actually be as high as io million metric tons if no new mines come online, according to commodities trader Trafigura Group.(7)

image

Copper usage will increase substantially as the EV market grows as EVs typically use more than double the amount of copper of a similar internal combustion engine vehicle. This is compounded by the fact that copper is also required and heavily used in providing the charging infrastructure for these same EVs.

Lithium Highlights

PERSISTENT DEMAND

Advances in lithium technology will continue to drive advances in technology across all areas of our lives and will continue to power the profound changes and huge leaps forward that we have already started to see.

  • The EU estimates in order to meet its Climate Neutrality goal, demand for lithium may increase by 1800% and cobalt by 500% by 2030. If this timeline is extended to 2050 then the increases rise to 6000% and 1500% respectively. (Source: Reuters)
  • Based on the assumption that EVs will make up around 40% of new passenger car sales by 2030, Wood Mackenzie predicts that nearly 800 kt LCE of additional lithium would need to come online in the next five years to meet future demand.
  • "Lithium chemical demand from end-use sectors is still expected to increase year-on-year to around 280,000 tonnes lithium carbonate equivalent." (Source: Roskill Information Services, Jake Fraser)
image

Patriot Battery Metals Inc. Flagship Project – Corvette FCI

Patriot Battery Metals expects to start its inaugural drill program at its Corvette-FCI Property in a matter of days focusing on the CV5-6 Spodumene Pegmatites. They will also concentrate on the Elsass and Lorraine prospects, which form part of the more than 10 km long Maven Copper-Gold-Silver Trend.(4)

image
image

The initial program will consist of 15 to 20 drill holes for a total of approximately 2,000 m of NQ size, coring with the drill mobilization expected in the first half of September 2021. About 1/3 of the drill meterage is expected to target the CV Lithium Trend. The remaining 2/3 intends to focus on the Maven Cu-Au-Ag Trend.(5)

Field crews will also continue to explore the CV Lithium Trend where numerous occurrences of high-grade spodumene pegmatite were discovered in previous programs.

But wait, there’s more.

Patriot Battery Metals is a company on a mission to be the solution for today’s unprecedented copper and lithium shortages. The company has assembled an impressive portfolio of properties with access to lithium, copper, tantalum, platinum, palladium, silver, and gold. With the maiden drill program commencing soon on the company’s flagship property Corvette FCI, the company is poised to execute on their mission. As part of fulfilling this mission, Patriot Battery Metals recently purchased 100% of the Freeman Creek Gold Property. This property is located 15 km northeast of Salmon, Idaho, and is road accessible year-round.(4 & 6)

The Freeman Creek Property hosts two major advanced targets; the Gold Dyke Prospect with a 2020 drill hole intersection of 4.11 g/t Au and 33.0 g/t Ag over 12 m, and the Carmen Creek Prospect with surface sample results including 25.5 g/t Au, 159 g/t Ag, and 9.75% Cu.

The Company also holds the Pontax Lithium-Gold Property, QC; the Golden Silica Property, BC; and the Hidden Lake Lithium Property, NWT, where the Company maintains a 40% interest.

image

RGDCF Technical Indicators Triggered

As of 11:00AM Wednesday, RGDCF was displaying a multitude of triggered technical indicators on Barchart. Check these out:

Short Term Indicators

  • 20 Day Moving Average
  • 20 - 50 Day MACD Oscillator
  • 20 - 100 Day MACD Oscillator
  • 20 - 200 Day MACD Oscillator

Medium Term Indicators

  • 50 Day Moving Average
  • 50 - 100 Day MACD Oscillator
  • 50 - 150 Day MACD Oscillator
  • 50 - 200 Day MACD Oscillator

Long Term Indicators

  • 100 Day Moving Average
  • 150 Day Moving Average
  • 200 Day Moving Average

On top of that, Barchart is also reporting its composite "TrendSpotter" indicator being triggered as "BUY."

Plus, the website shares a "100% BUY" opinion on RGDCF in the short and medium term based on its technical indicators along with an "88% BUY" based on overall technicals.

Is now the time to RGDCF on your radar or what?

-----

Coverage is officially initiated on RGDCF. While you have time, do this to make sure you receive any updates/alerts on this company as quickly as possible:

image

If there are any more updates today, I'll get them out ot you quickly.

Sincerely,

Axel Adams

Editor, SCF


See A Full List Of Source Here

Company Presentation


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)​

Disclosure: Make sure to always do your own research and due diligence on any day and swing trade profile I bring to your attention. I am not a license d finan.cial advise r. All potential percentage gains are based on from the low to the high of day. SmallCapFirm's full disclosure is to be read and fully understood before using SmallCapFirm's website, or joining SmallCapFirm's email or text list. By viewing SmallCapFirm's website and/or reading SmallCapFirm's email or text newsletter you are agreeing to SmallCapFirm's full disclosure which can be read at: smallcapfirm.com/disclosure StockWireNews (stockwirenews . com) is owned by StockNewsWire LLC, a limited liability company. An owner of StockNewsWire, LLC owns an interest in the limited liability company that owns and operates small cap firm . com (“SCF”), an interest in the limited liability company that owns and operates fierceinvestor . com (“FI”), an interest in the limited liability company that owns and operates stockstreetwire . com (SSW), and an interest in the limited liability company that owns and operates nasdaq wire news . com (NWN) . From time to time, StockWireNews, SCF, FI, SSW, and/or NWN will publicly disseminate information about a company via website, email, SMS and other points of media. Pursuant to an agreement between SmallCapFirm (SCF) and StockWireNews LLC, SCF was hired for a period beginning on 9/22/21 and ending on 9/23/21 to publicly disseminate information about (RGDCF) via Website, Email and SMS. We were paid five thousand USD via bank wire transfer. We own zero shares of (RGDCF). An owner of StockWireNews LLC owns an interest in SmallCapFirm. Pursuant to an agreement between StockNewsWire LLC and JWC Market Awareness, StockWireNews was hired for a period beginning on 9/22/21 and ending on 9/23/21 to publicly disseminate information about (RGDCF) via Website, Email and SMS. We were paid thirty-five thousand USD via bank wire transfer. We own zero shares of (RGDCF).