In November I discussed Rodinia Lithium and my belief that it is the next prize in the second leg of the lithium boom. Today I was re-checking the stats on this dynamic penny stock and something jumped out at me that I had not seen in some time. That is, in the insider trading reports supplied by TD Ameritrade, every single inside trade since June 2010 is a "buy"! There are "NO" sell trades.

In other words, the people who actually know what is occuring in the company, on a day to day basis, and those overseeing the company's development, are all so poositive about their prospects, that they have only bought more of the stock, and not sold "any" of their holdings. This information alone, tells us something valuable is going on at Rodinia.

I know I am biased towards this small company, however, facts are facts.

1. Insiders are only buying this stock.

2. Rodinia owns three of the top 25 lithium properties in the world.

3. Sanshin of China purchased their entire bought deal in Nov 2010, above the asking price, to ensure they are flush with cash to advance their properties.
(Sanshin is one of the largest battery suppliers in China)

4. Rodinias top three properties are all brine properties, with low development costs, in two of the best mining districts in the world, Clayton Valley Nevada and Salta Argentina.

5. Byron Capital Markets Dr. Jon Hykaway, rates it a strong buy with a target of $2.25

Rodinia was trading today at .49 cents. RM.v or in the U.S. as RDNAF.PK

I have been a buyer this month, for these reasons.

Maybe you should consider Rodinia Lithium for your growth portfolio.

Wishing you great success with your Retirefund.

HP

Rodinia - Clayton Valley Nevada

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Rodinia looks like the next prize

Posted by H. Pelham at 11:58 AM