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NECA

NECA: New America Energy Corp Is Today's Hot Penny Stock Play

 

Symbol:                             NECA.ob

Current PPS:                     $0.355

Avg. 10day Vol:                 178.7K

Outstanding Shares:          50.9M

Float:                                 19.7M

About the Company:

NECA: New America Energy Corp is a Nevada-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the continental United States.

NECA owns the mineral rights to a strategically situated, 3,000 acre claim that’s close to the most productive Lithium mine in North America. NECA's "Mudd Lake" is conveniently located in the Ralston basin, which appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 29 miles west from the property. Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.

Brine’s have become the most cost effective and prevailing supply resource for lithium production worldwide because of their low production cost when compared to the mining and processing costs for hard-rock ores. As a result of these superior operational considerations 60% of the world’s lithium is produced from brine deposits.  The simplicity and the efficiency of a brine extraction process equates with the production for these facilities in a relatively inexpensive context and with little lead time and limited environmental impact, as evaporation is the main component in the processing.

According to NECA's Web site, the company "intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley."

NECA is developing an integrated regional lithium exploration approach using geochemical and basin modeling with gravity, electromagnetic and geochemical fieldwork to build drilling targets. NECA has contracted an exploration team that has extensive geochemical, GIS modeling and targeting experience in the area, the company's Web site states.

Website: http://newamericaenergycorp.com/

PennyStockLocks "Key Points" on NECA

  • Lithium Stocks similar to NECA have profited investors big gains already
    • Lithium One, Inc. soared 17.4 times in less than 8 months. $5,000 became $87,000
    • Rodinia Lithium, Inc went up 15 times in under 9 months. $5,000 turned into $75,000
    • Canada Lithium Corp rose 885% in 8 months. $5,000 soared to $44,250
    • American Lithium, Inc. went up over 864% in around 6 months: $5,000 hit $43,200
    • Rockwood Holdings increased 696% in under 9 months. $5,000 turned into $34,800
    • China Bak Battery went up 508% in 8 months. $5,000 became $25,
    • NECA: New America Energy Corp ??

  • NECA's 3,000-acre property is geographically near the one of the richest and most productive lithium mine in Clayton Valley in Nevada near the world-famous Silver Peak mine.
  • NECA’s exploration is supported by America’s Lithium Production Act of 2011 that has been designed to enhance lithium production for the advancement of lithium battery technologies.
  • Strategic minerals like Lithium play a critical role in the global economy with applications ranging from alloy elements to permanent magnets to laptops to, electric vehicles, cell phones to hi-tech military equipment and everything in between. The U.S Government is taking this supply issue seriously and Washington lawmakers are now starting to look at ways for America to identify its own domestic sources of strategic minerals, according to NECA's Web site.
  • Pike Research, a highly respected research firm predicts that the market for Lithium batteries for transportation alone will grow from $875.6 million in 2010 to a staggering $8 billion in 2015.
  • NECA announced the completion of the initial data acquisition phase of the gravity survey on its Clayton Ridge Lithium Prospect near Clayton Valley, NV.
  • NECA has completed its annual audit and has filed its Form 10-K for the year ended August 31, 2011.
  • NECA has entered into an equity financing agreement with a China- based investor for up to $1 million.
  • On Dec 5th Talison Lithium TSX:TLH announced a 15% price increase for its first contracts for the calendar year 2012. The price increase by Talison Lithium follows in the steps of price increases of 20% announced earlier in 2011 by Chemetall Foote, the lithium subsidiary of Rockwood Holdings.
  • A story featured in Reuters titled "Mineral, metal scarcity seen worsening" listed lithium as one of 14 critical minerals noting the demand of lithium for wind turbines and batteries for the growing hybrid car market.
  • The last time we alerted NECA members saw gains of +26.32%
  • We heard a rumor that NECA will be announcing breaking news shortly...
New America Energy is Pleased to Provide the Following Updates to Shareholders
9:00a ET December 15, 2011 (PR NewsWire)

New America Energy Corp. (OTCBB: NECA) has completed its annual audit and has filed its Form 10-K for the year ended August 31, 2011. Within the 10-K filing, there are a number of updates on the financial status of the company as well as a discussion of the initiatives that NECA is currently working on.

In a statement from New America Energy Corp President Rick Walchuk stated, "The 10-K annual filing of our financials and the accompanying discussion is an important way for an exploration stage company like ours to update shareholders on our progress and activities."

A link to the filings can be found on the Company's website. http://www.newamericaenergycorp.com/investors

The company also wanted to share recent industry news with shareholders.

On Dec 5th Talison Lithium TSX:TLH announced a 15% price increase for its first contracts for the calendar year 2012. The price increase by Talison Lithium follows in the steps of price increases of 20% announced earlier in 2011 by Chemetall Foote, the lithium subsidiary of Rockwood Holdings.

On Dec 6th, 2011, Reuters reported on a global survey of company executives by PricewaterhouseCoopers. The story titled "Mineral, metal scarcity seen worsening" listed 14 materials as "critical", including lithium, used in wind turbines and batteries for hybrid cars. The Reuters article went on to state "The survey of 69 executives across seven sectors, found that European companies were most concerned about a shortage, with 71 percent of respondents seeing scarcity as a risk, compared with 53 percent in Asia Pacific and 50 percent in the Americas Those in the renewable energy, automotive, energy and utilities sectors said they currently faced supply instability, while those in the aviation, high-tech and infrastructure sectors expected increasing disruption of supply by 2016."

 

 

 

 

 

 

 

 

 

 

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