UPDATE: Lomiko Metals to Focus on Electric Minerals and Gold in 2012; Shares Nearly Hit Year Lows
Lomiko Metals Inc. (LMR.V) has nearly hit year low $0.025 today after a 14% drop to 3 cents at midday from yesterday's $0.035 close following its announcement that the Lomiko Board of Directors is looking at the potential for participation in all possible transactions involving the Table Mountain Property. The company said China Minerals Mining, the owner of this property, was exploring various options for its assets including joint ventures and potential third party acquisition.
The company also said today that it is continuously looking for opportunities in the lithium and lithium battery space.
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