Earlier today, Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) issued an update on its winter drill program on the Buda Lithium Project and this comes after the stock started to gain momentum (as measured by the relative strength index or RSI).
As part of the update, Infinity Stone reported to have completed two of three holes on the Buda Lithium Winter Drill Program and we are favorable on the progress that has been made and the data that has been reported so far.
Infinity Stone announced that all three drill holes have intersected pegmatite intervals with multiple muscovite-rich intervals and we consider this data point to be significant. The Winter Drill Program is expected to conclude by December 16th and we believe the region provides Infinity Stone with substantial upside potential.
Once the program is completed, Infinity Stone will send the core samples to a state-of-the-art laboratory for assay results. Based on the initial data that has been reported, we consider the project to be de-risked and believe the assay results will prove to be a significant catalyst for the Canadian junior miner.
According to Infinity Stone CEO Zayn Kalyan, the area in the vicinity of the Buda Project is quickly becoming a key region for hard rock lithium exploration and discovery. We believe Infinity Stone is led by a management team that has a proven track record of success and are favorable on the direction they are bringing the business.
We consider lithium to be a commodity with some of the most attractive growth prospects and expect it to be one of the best performing asset classes in 2023. We are bullish on the commodity due to the growth of the North American battery metal supply chain and expect Infinity Stone to be a beneficiary of this.
If you are interested in learning more about Infinity Stone, please send an email to support@onthebids.com with the subject “Infinity Stone” to be added to our distribution list.
Company Relationship Disclosure
OTB is responsible for the OTB opinions provided in this disclosure except all sources or information provided by other parties were not verified or authenticated and OTB does not undertake to confirm or substantiate or be responsible for such information provided by other parties.
Any Content posted regarding a Profiled Issuer is not a solicitation or recommendation to buy, sell or hold securities. We cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. All information should be independently verified. We are not responsible for errors or omissions in our publications, and any opinions expressed are subject to change, without notice. We do not, nor are we under any obligation to undertake due diligence or investigation or authenticate and verify whatsoever regarding Profiled Issuers or any Content posted in relation thereto and we do not receive any verification from the Profiled Issuer regarding the Content we disseminate. Similarly, while we endeavor to facilitate the provision of quality information, we are not responsible for any loss or damages caused or alleged to have been caused by its use nor verify or authenticate or update such information.
Pursuant to an agreement between StoneBridge Partners LLC and Infinity Stone Ventures Group. We have been hired for a period of 180 days beginning August 15, 2022 and ending February 15, 2023 to publicly disseminate information about (GEMS) including on the Website and other media including Facebook and Twitter. We are being paid $2,500 per month for a period of 6 months. We own zero shares of (GEMS), which we purchased in the open market. We plan to sell the “ZERO” shares of (GEMS) that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (GEMS) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.
This article contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs regarding future performance are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “expects”, “does not expect”, “is expected”, “believes”, “intends”, “anticipates”, “does not anticipate”, “believes” or variations of these words, expressions or statements, that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, will occur or will be realized. Such forward-looking statements involve risks, uncertainties and other known and unknown factors that could cause actual results, events or developments to differ materially from the results, events or developments expected and expressed or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, dependence on obtaining and maintaining regulatory approvals, including the acquisition and renewal of federal, provincial, state, municipal, local or other licenses, and any inability to obtain all necessary government authorizations, licenses and permits to operate and expand the Company’s facilities; regulatory or policy changes such as changes in applicable laws and regulations, including federal, state and provincial legalization, due to fluctuations in public opinion, industry perception of integrative mental health, including the use of psychedelic-assisted therapy, delays or inefficiencies or any other reason; any other factor or development likely to hamper the growth of the market; the Company’s limited operating and profitability track record; dependence on management; the Company’s need for additional financing and the effects of financial market conditions and other factors on the availability of capital; competition, including that of more established and better funded competitors; the impact of the Russia-Ukraine conflict on the global economy; the continued impact of the COVID-19 pandemic; and the need to build and maintain alliances and partnerships, including with research and development companies, customers and suppliers. These factors should be carefully considered, and readers are cautioned not to place undue reliance on forward-looking statements. Despite the Company’s efforts to identify the main risk factors that could cause actual measures, events or results to differ materially from those described in forward-looking statements, other risk factors may cause measures, events or developments to materially differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company does not undertake to revise forward-looking statements, even if new information becomes available as a result of future events, new facts or any other reason, except as required by applicable laws
