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zAngus
Oct 14, 2021 4:29 AM

Sayona is an emerging lithium producer in Québec and Australia Long

SAYONA MINING LIMITEDASX

Description

I think ASX listed Sayona looks interesting, and with such an aggressive price move this year up over 1600% they do appear to be at a fairly strong support area with most indicators looking pretty bullish.

I liked their PLL partnership as well. One to watch.

From their About Us page:

Sayona Mining Limited is an emerging lithium producer (ASX code: SYA; OTCQB: SYAXF) with projects in Québec, Canada and Western Australia.

In Québec, together with strategic partner, Piedmont Lithium Inc. (Nasdaq:PLL; ASX:PLL), Sayona has successfully acquired North American Lithium, an established lithium mine and concentrator, which it plans to integrate with its nearby Authier Lithium Project as well as its emerging Tansim Lithium Project to create a world-scale Abitibi lithium hub.

Sayona has also announced the acquisition of a 60% stake in the Moblan Lithium Project in Northern Québec, located in the established lithium mining jurisdiction of Eeyou‐Istchee James Bay.

The Company has committed to downstream processing in Québec to supply the fast-growing North American battery and EV market.

In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects are subject to an earn-in agreement with Altura Mining Limited.

Comment

Had a good initial run up, but has come back down to support and just heading sideways. I still hold, but needs to do something soon.

Comments
marcus43742
Nice job..i just got on the open today..going well! then your post came up..nicely spotted
zAngus
@marcus43742, yeah I jumped on about 10 different battery mining stocks on the ASX over the last week and with Teslas run last night in the US they are all going bananas.
marcus43742
@Angusmck, Yes! LTR, PLS, AGY, ORE, VUL, CXO....all going well! Any others i may have missed
zAngus
@marcus43742, yeah I have those except for AGY. I thought it was too expensive for entry on RSI when I looked at it. NMT my best performer at the moment in the mining space.

Short list of some of the ones I hold or am watching. tradingview.com/watchlists/61969838/
marcus43742
@Angusmck, Thanks for sharing!
zAngus
@marcus43742, keep an eye out for GT1. Just saw it is supposed to be listing Oct 28th. Might be interesting. greentm.com.au/
marcus43742
@Angusmck, So many stocks! How does one handle an IPO listing? Get on it day 1 and hope, or watch for it to settle into a groove over few weeks? (Im very green, but loving the exponential growth in learning)
zAngus
"Get on it day 1 and hope" - pretty much :)
arpaust
This one is a keeper
Amelianotyourmate46672
😳
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