New NASDAQ Alert [Inside]

AwesomeStocks Don’t want emails from us anymore? Click [here]( to unsubscribe. Hello! New Alert: Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) FMST is our new NASDAQ high volatility alert. FMST has a history of experiencing significant upside in a short period of time and a chart setup suggesting the potential for increased gains. Earlier this month, FMST rallied from 2.25 to upwards of 3.25, gains of 44% in just a couple of weeks. Since this rally, FMST has consolidated those gains back above its 50 day moving average of 2.73. If FMST continues to hold above its 50 day moving average, it could be positioned for another big breakout opportunity. FMST has a 200 day moving average of 4.17, more than 52% from its 50 day moving average. FMST is a “leading player in the North American hard-rock lithium exploration sector”. FMST has been “developing its position to contribute significantly to the clean energy economy”. The company “focuses on extracting lithium oxide, a key component in the lithium-based batteries used in EVs that is essential for powering the shift toward decarbonization”. Here is a recent headline: - “Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion in 2023, According to BloombergNEF Report” What is undeniable, is a “significant amount of lithium will be required to keep up with future demand”. Furthermore: - “On-shoring of critical mineral supply chain is a growing national security concern, incentivizing local production of minerals expected to be key to the future of economy” In fact, according to BloombergNEF: - “Together, the EU, US and UK invested more than China in 2023, which was not the case in 2022” According to Center on Global Energy Policy: - “Leading experts estimate a supply deficit by the 2030s, creating pressure to increase lithium production and processing.” - “Benchmark Mineral Intelligence, an information provider on the lithium-ion battery supply chain, estimates a 300,000 tLCE supply deficit by 2030 in its business-as-usual demand scenario.” FMST is a newly up-listed NASDAQ company that could benefit significantly from the high growth potential of this sector. The company’s “strategically located lithium properties extend over 43,000 acres in Snow Lake, Manitoba, and hosts a property in a known active lithium camp situated on over 11,400 acres in Quebec called Lac Simard South”. FMST’s “four flagship Lithium Lane Projects as well as its Lac Simard South project are located at the tip of the NAFTA superhighway to capitalize on the world's growing EV appetite, strongly positioning the Company to become a premier supplier of North America's lithium feedstock”. As the world transitions towards decarbonization, the “Company's objective is the extraction of lithium oxide (Li₂O), and to subsequently play a role in the production of high-quality lithium hydroxide (LiOH), to help power lithium-based batteries, critical in developing a clean-energy economy.” In addition, FMST also has the “Winston Gold/Silver Property in New Mexico USA”. FMST has announced multiple accomplishments in the past few months. In January, the company announced big news: “Foremost Lithium Receives Multi-Year Work Permit to Commence Drilling on its Jean Lake Lithium/Gold Property” As the company explains: “This permit will enable the Company to streamline the administrative processes involved with future exploration on the property, to understand the potential long-term impacts of the property while minimizing any potential work disruptions in a safer, more cost-effective approach.” Importantly, as the company explains: “Foremost Lithium’s CEO and President, Jason Barnard, states: “Crews have begun mobilizing to Snow Lake, Manitoba in preparation for the winter drill season. The multi-year permit allows our company the flexibility to optimize our future work on the property, which is critical as we seek to rapidly advance our resource development. This is paramount to unlocking the potential of the Jean Lake property and creating sustainable, long-term shareholder value.”” In addition: “The 15-hole program will be targeting the north-east section of the property which hosts the B-1 and B-2 spodumene bearing pegmatite dyke. Previous drilling just north of the B1 pegmatite intersected a 3.35 metre zone of spodumene mineralization between surface and 3.35 metres, assaying 1.26% Li2O (Lithium), as well as 7.50 g/t Au (Gold) over 7.66 metres from 94.35 - 102.01 metres (including 102.0 g/t Au over 0.48 metres from 94.77 - 95.25 metres).” “Drilling will focus on extending mineralization laterally, and at depth, to develop a better understanding of the spodumene-bearing pegmatite emplacement mechanisms at Jean Lake. Drilling will also follow-up on favorable gold intercepts discovered during the 2023 Jean Lake drill program with the intent of establishing the extent of the gold mineralization.” Two weeks ago, the company announced: “Foremost Lithium Announces Commencement of Drill Program at Zoro Lithium Project” Here are the highlights from this press release: - “Dyke 1, the Company’s maiden resource, remains the focus for resource expansion as it’s open along strike and at depth.” - “The Company has been awarded a two-year work permit from the Manitoba Mines Branch” As the company further explains: “The Company has received a multi-year work permit for its Zoro Property from the Mining Permit Office of the Manitoba Government, valid until April 26th of 2026, which will improve future corporate administration flow, increase consistency with other application processes, and will ease future long-term drill and exploration programs on the property. This drill program has been partially funded from a $300,000 grant awarded to the Company by The Manitoba Mineral Development Fund in January of 2024.” Importantly: “Foremost’s highest priority, Dyke 1, hosts an inferred resource from a single high-grade lithium bearing spodumene pegmatite - partially outcropped at surface – of 1,074,567 tons at a grade of 0.91% Li2O, with a cut-off of 0.3%, as set forth in the Company’s filed SK-1300 Technical Report Summary (2023) and NI-43-101 Technical Report (2018). Mineralization at Dyke 1 is defined for 265 metres along strike, up to 40 metres wide and to a depth of 265 metres. It is open in all directions which is expected to provide Foremost an excellent source for further resource development.” Here are some of the company’s comments from this press release: “Jason Barnard, President and CEO of Foremost Lithium, said: “Our maiden resource at our Dyke 1 remains our high priority target with the potential for significant resource expansion beyond its current estimates. Given the fact that we have received a multi-year permit, we have time on our side to build tonnage and resource. Our Zoro Property has 16 proven spodumene bearing lithium pegmatite dykes. This is an ideal opportunity to get those drills turning and hit some great intersections to create great new catalysts for our Company and shareholders, regardless of current market conditions.”” Most recently, the company announced: - “Foremost Lithium Appoints Seasoned Financial Executive Sead Hamzagic as Chief Financial Officer” - “Foremost Lithium to Attend Prospectors & Developers Association of Canada (PDAC) 2024 Convention” FMST could be in a position to experience increased growth. Make sure to do your own due diligence. Sources: [BNEF]( [C]( [Presentation]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. 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