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(EMAILWIRE.COM, December 14, 2011 ) Belize City, Belize -- Publishers of daily newsletter xtremepicks.com (http://www.xtremepicks.com) looks at First Liberty Power (FLPC:OTCBB).
When xtremepicks release an alert, they look for huge long term gains and FLPC just proved it again that xtremepicks members profits big time. Patience and persistance are key factors for long term mega gains.
Lithium and lithium resources are making a monster comeback and is locked and loaded for a major bullish run that can see prices past historic highs.
FLPC monster jump today just goes to show how xtremepicks plays breakout with a vengeance for long term holders. DROP did it this week, now BRYN looks to be the next one ready for a monster breakout as xtremepicks expects an update from their Nova Scotia report at any time.
As expected with the increasing activity in Lithium and Rare Earth production that the company provided a corporate updated adding to this breakout move.
First Liberty Power Corp. Lithium Market Update
First Liberty Power Corp. would like to draw investor attention to recent positive news regarding the lithium sector.
On Dec 6th, 2011, Bloomberg (Lithium, Cobalt Among Minerals Facing Chronic Shortage, PwC Says) reported “Global manufacturers may face a critical shortage of 14 raw materials over the next five years affecting industries including chemicals, aviation and renewable energy, according to PricewaterhouseCoopers LLP.” The report, from PricewaterhouseCoopers, identified Lithium along with Beryllium, Cobalt and Tantalum as some the affected resources. The story continued quoting Malcolm Preston, PwC’s global sustainability leader: “Many businesses now recognize that we are living beyond the planet’s means.”
On Dec 5th, 2011, Talison Lithium (Talison Lithium Concludes First Sales Contracts for 2012 With 15% Price Increase) announced a 15% price increase for its first contracts for the calendar year 2012. They stated “the price increase reflects current lithium market dynamics” and “Talison is optimistic it will achieve similar price increases in the remaining sales contracts it is negotiating for calendar 2012.” The price increase by Talison follows in the steps of price increases of 20% announced earlier in 2011 by Chemetall Foote, the lithium subsidiary of Rockwood Holdings.
Don Nicholson, President and CEO of First Liberty Power Corp., commented, “The report out of PricewaterhouseCoopers along with the price increases announced by Talison and Chemetall Foote, I believe, validate our exploration strategy of targeting lithium as a critical mineral with a huge upside potential.”
First Liberty Power’s Lida Valley property (the “LVW Claims”) shares many of the same geological and weathering characteristics of nearby Chemetall Foote Corporation’s Silver Peak Mine, the only lithium brine producer in the United States. The LVW Claims are located within 15 miles of the Montezuma Peak, which is believed to be the source of the region’s lithium. Mine production comes from lithium enriched brine located below the surface. This Silver Peak plant has been in production since 1967 and is designed to produce up to 1.2 million kilograms of lithium hydroxide per annum.
About First Liberty Power
First Liberty Power Corp. is a Nevada based mineral exploration company with a primary focus on lithium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for lithium carbonate that is projected to result from the acceleration of the adoption and use of clean renewable energy products that utilize lithium-ion batteries.
About Xtremepicks.com
Xtremepicks.com team of excellence strives to find undervalued, good momentum stock plays. Xtremepicks.com provide market awareness services for small to mid-cap stocks with daily and special newsletters to keep you informed of the latest movers.
Xtremepicks.com penny stock newsletter is your trading connection and remember to always do your own research, use stop loss orders to protect yourself, and book your profits when in a position to do so.
Xtremepicks.com penny stock newsletter profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale. Verify all claims and do your own due diligence. . Xtremepicks did not receive any compensation for DROP and may be buyers in the open market. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved
Directglobalmedia.com
Max Gordon
6479227508
contact@directglobalmedia.com 
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