December 11, 2009

Wildcat Silver - Resource Numbers are Building

Back in July when I first reviewed Wildcat Silver (Issue 24) the primary focus of the company was to develop their manganese resources. Manganese is the fourth most widely traded metal in the world and is used in steel alloys to increase many favourable characteristics such as strength, hardness and durability. The market for manganese is looking even better today with its usage in lithium batteries. Recently Nissan announced they are only five years away from the commercial launch of an e-car battery that offers twice the energy storage capacity. These new batteries will use a lithium nickel manganese cobalt (NMC) oxide cathode that increases efficiency tremendously.

However as good as the manganese market has become, silver has made a good run going from a low of $12.47 in July to a recent high of high of over $19. The potential cash flow from WS’s silver and manganese resources is now about the same.

Read the full article here:
http://www.kincommunications.com/clients/wildcatsilver/mediacoverage/winston-wildcat-december112009.pdf

 

 

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