Friday, November 12, 2010

Stock Guru Featured Company: First Liberty Power Corp. (FLPC.OB)

First Liberty Power is a Nevada-based vanguard working to free the US from dependence on foreign oil through the domestic production of lithium/vanadium/uranium, while simultaneously developing an alternative clean energy infrastructure that doesn’t require imports.

FLPC is targeting the lithium-ion battery for plug-in hybrid vehicles and electric vehicles as a primary market, with obvious secondary applications in portable electronic devices. By pushing the sustainable energy envelope via its 84-claim, 12.8k acre site in the brine-rich Clayton Valley, proximal to the largest lithium brine production facility in the US, FLPC is well-positioned to capitalize on the strong future of lithium.

FLPC’s 66 vanadium/uranium mineral claims are located in historically proven and productive San Juan County, Utah, and the Company is also set to generate substantial revenue from vanadium for steel manufacture, as well as robust, long-life vanadium storage batteries.

The Vanadium-Redox Flow Battery is a perfect example of that application, yielding a non-toxic battery that lasts for decades and is ideal for solid state applications. FLPC’s final component in this winning strategy is uranium, used in nuclear power generation.

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