This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The critical and specialty minerals box score for Tuesday was a terrible 49-125-136 as the TSX Venture Exchange slid 41 points to 1,023. Energy Fuels Inc. (EFR), a self-proclaimed "global critical mineral company poised to provide 10 of the 50 critical minerals the world needs for today's technology and beyond," helped lead the retreat, falling $1.33 to $28.02 on 1.88 million shares today.

It has been an eventful week for Blake Hylands's Lithium Ionic Corp. (LTH). The company's stock was trundling along at about $1.35 when word hit the street that the regulators were investigating another company and several of its insiders, alleging that they fraudulently diverted a company asset -- the Falcon lithium project in Brazil. Falcon ended up as Lithium Ionic's Bandeira project, and several of the fellows being scrutinized by the regulators just happened to be Lithium Ionic insiders.

And so, Lithium Ionic's stock plunged as low as 73 cents in the immediate aftermath, despite Mr. Hylands saying that his company is not a respondent in the case. A few days later, he reassured investors that the company's title to Bandeira is "well established" and without any indication of prior ownership by the company under regulatory scrutiny, Emerita Resources Corp. (EMO: $0.37). As a result, Lithium Ionic clawed back much of its lost ground, getting as high as $1.27 at the end of last week.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS