Hey, everyone. Welcome to Investors Scene, where we provide you the insights from the insiders of the companies disrupting the market. Now, today, we talk about an exciting story. It’s a company that’s really gaining the attention of institutions as well. It’s called Spey Resources, and it trades on the CSE under SPEY and in the US on the OTC under SPEYF.
Now, it’s not news that lithium demand continues to outpace its supply, large in part because the refined form of lithium is used to make electric vehicle batteries. But the Lithium Triangle in Argentina is showing huge promise in helping with this supply issue. Spey has an incredible asset in this region, and it could be a huge game changer for the company. Recently, a huge $3 billion deal in this space took place. Two Australian lithium companies called Orocobre and Galaxy merged together.
Now, Orocobre’s exciting lithium property sits right next to Spey’s property. So does Ganfeng, another huge company in this space, and that’s their other neighbor. Now, Spey also took a smart approach here by keeping their two exciting assets in Canada alive, the Kaslo and of course, their Silver Basin project in BC. I’m excited about this company. We’re going to be telling you more, but in the meantime, if you want to find out more about it please go to investorsscene.com and be sure to research it.