ETF LIT is all lit up

- July 23rd, 2010 reported on ETF LIT is all lit up: reported on ETF LIT is all lit up:

Todd Hilditch gave me a lithium lesson earlier this year. The 100% ownership model, he said, “is going to become a bigger issue as juniors push forward that have partial ownership and they then want to go into production. Our brine based lithium space is more akin to oil than any other mining. In the oil sector you cannot go and stick a straw by directional drilling to suck out from under a current owner. So 50% of each barrel goes to the 50% split ownership from surface, no matter who is pumping.

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