South American Explorer's Stock Doubles on News Flow

Source: Peter Epstein for Streetwise Reports   07/30/2019

In this interview, CEO Philip Thomas of A.I.S. Resources discusses his company’s prospects in the lithium and manganese sectors with Peter Epstein of Epstein Research.

A.I.S. Resources Ltd. (AIS:TSX.V) is a lithium brine exploration and development company with projects in Argentina, and is setting up a potentially lucrative manganese (Mn) trading operation in Peru that could generate positive cash flow this quarter and well beyond. The market seems to like the near-term cash flow aspect; the share price took off on very heavy volume on July 23 based on this press release.

What on earth was in that release to cause a doubling in the share price to CA$0.13 per share (it has since pulled back to CA$0.09)!?! The prospects for near-term cash flow, possibly significant amounts relative to A.I.S.’ market cap, that’s what. Although just 150 tonnes of high-grade (49%) Mn fines ore has been loaded into six containers to be shipped the week of July 28, the press release discusses plans for 10,000 tonnes/month within about six to nine months.

( Companies Mentioned: AIS:TSX.V, )