Perhaps it has something to do with Canaccords mention yesterday

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From Morning Coffee August 5th

Lithium

Adding fuel to the fire. Lithium stocks have been on quite a roll of late
and recent newsbites from U.S. President Barack Obama are only going to
help. While speaking to an audience in Wakarusa, Indiana, President Obama
announced US$2.4 billion in grants to accelerate the manufacturing and use
of next-generation car batteries and electric vehicles. "I'm committed to a
strategy that ensures America leads in the design and the deployment of the
next generation of clean-energy vehicles," Obama said. "This is not just an
investment to produce vehicles today; this is an investment in our capacity
to develop new technologies tomorrow."

Global Strategic Analysts predicts
that the market for lithium-ion batteries is likely to grow at a compound
annual growth rate of over 32% through 2010. And this growth rate could
continue to climb with an increased demand for hybrid automobiles as
lithium-ion batteries remain the only current viable solution with the cost
of hydrogen infrastructure prohibitive for hydrogen fuel or hydrogen fuel
cell technology. While the face of growth in lithium demand is clearly
linked to economic activity due to its relation with the cell phone,
computer battery and hybrid auto subsector, the current economic slump
could hinder demand for the most important usages (in terms of quantity
used per unit) in the hybrid auto industry.

However, the slowdown should be
transitory and the hybrid auto industry appears poised to develop into a
substantial industry, which should offset the maturity of the other two
principal applications. The largest players in the sector are Soquimich
(SQM), Chemetall (ROC), FMC Lithium (FMC), Admiralty Resources and Comibol
(Bolivian government). Lithium-focused juniors include: Canada Lithium
(CLQ), Western Lithium Canada (WLC), Lithium One (LI) and Rodinia Minerals
(RM).