Earlier this month, we highlighted Infinity Stone Ventures Corp. (CSE:GEMS) (OTCQB:TLOOF) (FSE:B2I) as a junior miner that was flying under the radar. During the last two weeks, the company has reported a series of positive developments and we want to issue an update on the opportunity.
During the last year, we have seen a rapid increase in the number of companies that are mining the elements that are needed for electric vehicle (EV) batteries. The increase in demand for EVs has been a catalyst for these operators and many of them have significantly appreciated in value so far this year.
If you analyze some of the mining firms that own property that is adjacent to the properties owned by Infinity Stone, you will see that many of these operators are valued considerably higher than Infinity Stone. We expect this trend to change in the near future and want our readers to understand the significance of the developments that have been reported by the company in the last month.
Starts an Exploration Program Which has Massive Upside Potential
Last week, Infinity Stone started an exploration program which is focused on gathering initial samples, conducting assessments, and mapping the area on its Camaro Project group. The group consists of the Taiga, Hellcat, and Camaro projects, and we are favorable on the data that has already been gathered at the property.
A core pillar of our favorable view on the projects is due to their location. The project includes three property blocks which cover 3,850 hectares adjacent to Patriot Battery Metals’ (PMET: TSXV) Corvette Lithium discovery in the James Bay Region of Quebec. We consider the strategic location to be significant and believe the data from Patriot’s property de-risks the opportunity for Infinity Stone.
At current levels, we believe Infinity Stone has an attractive valuation and consider the strategic location of the property to be an underappreciated aspect of the story. Patriot Battery Metals is valued at more than C$575 million (based on market capitalization) which is more than 40x higher than Infinity Stone. We find the valuation disparity to be too attractive to ignore and find this data point to be a compelling aspect of the story.
Engages Axiom to Execute on the Lithium Projects
Last week, Infinity Stone signed a contract with Axiom Exploration Group Ltd. to develop, manage and execute the exploration programs on the project. The 10-day program will consist of initial sampling and mapping of the 21 previously identified pegmatites across the three claim blocks. Axiom is mobilizing a geology team that specializes in LCT pegmatites and will work to also identify new pegmatites.
We are favorable on the initial data from Infinity Stone’s lithium projects in James Bay and expect positive results from Axiom to be a catalyst for the business. Over the coming months, the company should issue updates on the project and we believe the previously identified pegmatites de-risks the story.
A week before Infinity Stone hired Axiom, the company announced that its technical team identified a new zone and received a new round of assays for its Zen-Whoberi Project. According to the press release, one of the samples was graded 15% Cu and we found the data from the ongoing reconnaissance program to be impressive.
An Undervalued Growth Story
From batteries to cell phones, the global economy relies on the supply of critical energy elements and we are favorable on how Infinity Stone is levered to this trend. Demand for critical resources has shown no sign of slowing down and we believe the company’s portfolio of properties makes it a potential acquisition target.
As gas prices are rising, we are noticing an increased interest in EVs. We consider the current supply-demand dynamic for EVs to be an important trend for Infinity Stone. We are favorable on how the management team is executing on a strategy to become a one-stop-shop single source supplier for critical energy metals and we want our readers to be aware of the opportunity.
Through a series of growth initiatives, Infinity Stone has been aggressively expanding its footprint in the rapidly evolving James Bay Lithium District. When compared to other operators in the region, Infinity Stone is undervalued and we expect the trend to change as new data is reported.
During the first week of October, Infinity Stone’s management team will be hosting a Zoom conference call and will be responding to investor inquiries. To attend the FREE event, please click here. We expect the conference call to provide actionable information on the business and explain its value proposition as well as its upside potential.
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
- 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.
