Evening all,

ENRT delivered once again for us today, closing up 58% at high's for the day. Volume was good and trading was strong.

There was a gap up that affected our ability to make even more money, but once intraday support of $0.019 held, it was clear that ENRT could go higher. Because of the gap up, realistic trading gains were limited to around 20% - still pretty good amidst a shaky market.

We think there could be more follow through in the morning, so stay focused on ENRT tomorrow.

Congrats and all the best.

Shiznit


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Morning all,

I hope you had the chance to read my analysis on ENRT sent earlier. 

We've profiled ENRT several times and it has never failed to disappoint.

Today ENRT announced news that they have engaged a leading North American brine water recovery company to evaluate the feasibility of recovery of lithium from brine with mobile recovery technology.

This is a major step for ENRT on their way to becoming a bona fide lithium producer. 

Enertopia Revolutionizing Lithium Industry with Technology

VANCOUVER, B.C., June 28, 2016 (GLOBE NEWSWIRE) -- Enertopia Corporation (ENRT) (TOP.CO) (the "Company" or "Enertopia") is pleased to announce it has engaged with a leading North American brine water recovery company from the United States taking part in revolutionizing Lithium processing technology that could change the current footprint in this industry.

Enertopia has contracted with a leading North American company in the field of mobile brine recovery to evaluate the feasibility of recovery of lithium from brine with mobile recovery technology. The first phase of our analysis has just been successfully completed. This involved an evaluation of brine data submitted by Enertopia, and other brine data sourced by the contractor, on the cost effectiveness of using its mobile brine recovery systems (the modular size of a semitrailer) for the recovery of Lithium from various brine solutions.

The goals of this first phase analysis were 1) to find if the Lithium could be processed from various brine sources and converted into high purity 99.5% Li₂CO₃ and 2) what the probable cost per tonne would be based on various brine concentrations.

Data from four historic samples were submitted, including a data sample taken from producing brines at Clayton Valley, Nevada. The other three samples were taken from historic well data from oil well brine formation water from the continental USA.

The purpose of these samples was to determine how the proposed technology and recovery would be impacted by differing chemical compositions and values of Lithium in the brines. The four samples had Lithium values of 40, 97, 190 and 423 parts per million (ppm). The focus was to find out what Lithium concentration in the brine would be needed for economic recovery.

The first phase analysis showed that lithium in the brine at a concentration level of 100 ppm could be feasibly recovered into 99.5% LiPO₄ with a recovery rate of 95% of the Lithium contained in the brine. Cost for that recovery was estimated at $3,500 per ton of LiPO₄.

The cost to recover lithium as Li₂CO₃ at a grade of 99.5% was estimated to be $5,500 per ton based on a Lithium concentration of 100 ppm in the brine. It should be noted that this cost estimate incorporates both total capital required for processing and operating costs.

Using higher Lithium concentrations in brine (>400 ppm) the cash cost to process Lithium battery grade Li₂CO₃ potentially drops below $1,800 per tonne based on the results from this first phase analysis. No credits for potassium or boron recovery were used in making cost estimates.

Next Steps:

Our second phase analysis will consist of bench tests on 5 gallon brine samples collected from field sources or synthetic samples if field samples are unavailable These tests will be used to verify the first phase results and to look at ways to further drive down the cost of Lithium production.

Upon a successful second phase testing, the third phase would involve a construction and testing of a pilot plant with a run rate of 50 gallons per minute (gpm).

If proven economically viable, the use of the proposed mobile technology could offer a fast track to production that could be executed in months rather than years typical with most mining projects - and at a far smaller capex. More importantly for the environment, the footprint for the pilot plant would only take up the space of four semitrailers and not the thousands of acres that are commonly used in the enriching process for Lithium brine deposits around the world.

“Enertopia is excited with the success of the first phase analysis and how these numbers compare with the current processing costs from current and near term Lithium producers as stated in the Macquarie Lithium Research Report dated May 31, 2016. Enertopia looks forward to the second phase analysis and our ongoing exploration work at our three Nevada Lithium brine projects and continuing due diligence in the mineral sector. Modern technology is revolutionizing ways and providing a better way to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution,” stated President and CEO Robert McAllister.

The identity of the water treatment company cannot be released at this time in order to maintain customer confidentiality and for proprietary and strategic reasons.

The Qualified person:

The technical data in this news release have been reviewed by Douglas Wood, P.Geol, a qualified person under the terms of NI 43-101.

http://finance.yahoo.com/news/enertopia-revolutionizing-lithium-industry-technology-110200571.html

All the best today.

Shiznit


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Hello fellow investors / traders,

 

We have alerted you to Enertopia Corp (ENRT) several times over the past year, and a couple of those times it has delivered big time for us.

Recently ENRT skyrocketed over 100% on news the company announced a new lithium business division. Since then ENRT has pulled back but held support really well. This pullback could be a great opportunity for an entry.

And as you can see in the chart, ENRT has a rising support channel. A move back to recent highs would deliver us 86% gains from its current price.

With a tiny market cap of just around $1 million, ENRT could be ready to run to new highs.

Recently ENRT announced major news that it has created a new lithium business division and closed a definitive agreement for the acquisition of the lithium brine exploration claims.

Forget about an expensive, overpriced Tesla (TLSA), ENRT could be the most undervalued lithium technology play in the market today.



Lithium is a major growth area that powering the battery technology of the future, everything from smartphone batteries to electric car battery technology.

Lithium enjoys one of the strongest growth profiles out of any mined mineral today. With the increasing number of end uses for light, portable, reliable energy storage for our increasingly mobile world, lithium demand is expected to remain one of the top demand growth stories over the next decade and beyond.

As Goldman Sachs pointed out in their seminal Dec 2, 2015 research report “What if I Told You… Lithium is the New Gasoline”. The big driver for demand will be the growing demand for Lithium storage for electric vehicles. One Tesla Model S uses the same amount of Lithium as 10,000 cell phones. Today the electric vehicle market only accounts for 17% of the world lithium demand of 160,000 tonnes but could be the main driver of yearly lithium demand growth to 470,000 tonnes by 2025 if electric vehicles reach projected growth numbers.

And Nevada is the place to be for Lithium...

• The state of Nevada host’s the largest known Lithium resources in America. 
   
• Multiple basins exhibit favorable geological parameters for the discovery of Lithium brine deposits.
   
• Nevada continually ranked in the top jurisdictions for mining in the world, 8th in 2015.
   
• For financial and supply chain reason’s Telsa founder Elon Musk picks Nevada for a host of reasons to build Telsa's lithium battery Gigafactory and Clayton Valley Lithium processing center, which happens to be in close proximity to ENRT's Lithium exploration targets.

Following Tesla's (TLSA) footsteps, ENRT also chose Nevada. It’s current Nevada lithium projects enjoy excellent access to infrastructure, skilled workforce, consistent permitting protocols, a social license to operate and a safe operating environment. Nevada is also home to the only brine based producing lithium operation in North America today. So it’s no wonder ENRT's first brine exploration projects are located in Nevada.

You can learn more about ENRT's lithium projects at http://www.enertopia.com/lithium-project/


Major News from ENRT...

Recently ENRT announced to the market that it had secured financing for its projects and also announced it has engaged McKay Mineral Exploration, LLC to conduct the first auger sampling program on the Company’s three Nevada Lithium projects.

The auger drilling is expected to take up to three days to complete. From our review of historic data available in the public domain this is believed to be the first ever lithium auger program at Edwards Creek Valley, Smith Creek Valley and the north half of the Big Smoky Valley projects in Nevada.

The auger program has been designed to test for Lithium and associated minerals at near surface depths of up to 9 feet depending on hosted sediment conditions. Sampling, bagging and shipments of all samples will be taken and completed as per best industry practice and standards.

This first sampling program, in conjunction with compilation of existing data, will help optimize the next phase of exploration


We are also expecting some major news in the morning, which we believe could be the catalyst for a big day ahead.

With a hot chart, strong technical support, a solid level 2, a tiny market cap, and big news anticipated, we think ENRT could make a major move to the upside on Tuesday with even the slightest momentum. 

I'll touch base with an update in the morning.