I don't have to tell you that the key to making astronomical profits is getting in early on the next big thing. Just like buying shares of Cisco or Microsoft on day one.

I mean, think how rich you'd be now if you'd been an initial investor in Standard Oil when gasoline was just beginning to power the America automobile.

Well, lithium is about to become the new power source for the automotive industry of  the entire world.  It may sound like a cliché, but lithium really is the next big thing! 

Yes, lithium stocks have been hot  But after the initial excitement, you don't want to invest now in just any lithium mining company.  To make the kind of astonishing profits I'm after, you need to invest in a newly-formed lithium company that – so far – Wall Street, has somehow overlooked. 

• Li3 Energy has already locked up 180,000 prime acres smack in the center of Nevada's lithium-rich brine flats.
• In South America, Li3 Energy has 213,000 acres in the world's richest lithium deposits.
• Li3 Energy has deep-pocket, international financial backing to quickly develop its resources and bring lithium to market.
• Li3 Energy's management has both mining and venture-development experience. In their previous capacities, two company principals have been responsible for gains in the stock of their respective company stock of 1,374% and 1,554%!

Let me tell you a story about another formerly little-known lithium stock that illustrates what I'm talking about. It will help us to put a reasonable future value on Li3's stock:

If, back in 1993, you'd had the foresight to buy 10,000 shares of a Chilean lithium company by the name of Chemical & Mining Co. of Chile (NYSE: SQM) at its price then of 25-cents a share, as of this writing, each of your shares would now be worth $42.13! That's an astonishing gain of 16,752%!

That's the kind of profits I aim to make on Li3 Energy! Now, I grant you that SQM derives a large portion of its revenues from fertilizer, but nonetheless, I'm sure that the lithium boom had a lot to do with the rapid rise of its sock price.

Can it happen again? Is it too late to make that kind of secure-for-lifetime profit?

Well, I can't promise you'll rake in a 16,000% gain if you invest now in Li3 Energy. But I do believe that buying shares of LIEG now is the best opportunity you're likely ever to see for duplicating the gains you'd have made if you'd invested in Chemical & Mining Co. of Chile (NYSE: SQM) back in 1993.

But I can absolutely promise you that. . .

Fears over global warming. . . restrictions on carbon emissions. . . government tax incentives to "go green". . . together with the realization that crude oil reserves really are finite, and dwindling . . .plus the 2008 spike in crude oil prices to almost $150 a barrel. . . have finally convinced the auto industry to switch to (and the public to buy) electric powered cars.

The gasoline powered internal combustion engine is about to become history!   And here's why the anointed successor is a technologically-advanced electric motor powered by the new generation of lithium-ion batteries:

• Lithium's unique thermal-molecular properties make it the ideal rechargeable battery for hybrid, plug-in and battery electric vehicles (EVs).
• Lithium batteries can be manufactured to any shape or size to fit a car design.
• Environmentally friendly lithium batteries offer a high energy-to-weight ratio, adding significantly to efficiency and because they have no "memory" are easier and faster than previous batteries to charge and maintain.

Some of the smartest individuals and corporations in the world have quietly been investing in lithium. Warren Buffet, George Soros, Google, Sony, Apple, and Hewlett-Packard have all been early to cash in on the lithium boom.

Every automaker is already fighting for lithium! As Forbes magazine reported: "The gas engine made petroleum the world's biggest commodity. The electric car could do the same for the third element." The third element in the Periodic Table being lithium, of course. Here are three simple reasons why lithium is about to become the next oil and why every car maker is retooling now to make the switch: First, obviously, rising oil prices have finally forced automakers to find a practical alternative to the gas-powered car. Lithium powered cars will go 230 miles on a gallon of gas. Second, environmental concerns. The Obama Administration has tightened future fuel economy standards to 35.5 miles a gallon and the only way automakers can comply is to repower with lithium-ion batteries. And the only way to make electric power practical is with the longer life, higher-power and faster recharge time offered by lithium-ion batteries Third, it's America's path to energy independence! Happily, America has the world's second biggest lithium deposits. Development of the vast Nevada lithium brine flats will, at long last, free America from dependence on foreign oil. The government's Advanced Technology Vehicle Manufacturing Program for battery development gives lithium batteries a $25 billion cash jolt. GM is counting on its lithium-ion powered electric hybrid, the Chevy Volt to save the company. The Volt's battery system delivers three times as much energy per pound at the nickel-based batteries the Japanese use in their hybrids. The Volt's battery is so sophisticated it has a computerized cooling and heating system. And the Volt can go up to 40 miles (the distance 75% of Americans drive on a daily basis) without its onboard internal combustion engine kicking in to recharge. The Volt is expected to deliver 230 mpg in the city and be able to go 640 miles before having to refill the gas tank for its on-board generator.

Already, the world's auto makers are elbowing each other and lining up to buy lithium-ion batteries for their next-generation hybrids -- because these batteries can be smaller, and at the same time, more powerful than conventional batteries.

President Obama has set as a realistic target of one million American-made hybrid cars on the road by 2015. And Congress approved the $25 billion Advanced Technology Vehicle Manufacturing Program to make sure we get there.

Washington Legislators are keenly aware that if the U.S. does not develop domestic lithium-ion battery manufacturing sector, America may very well be shut out of the electric car business.

To that end, the President has signed a $790 billion economic stimulus plan that includes $5 billion for the development of a domestic battery industry including:

• $2 billion in loans, grants and tax credits to help stimulate the development and large-scale domestic production of advanced, lithium-ion batteries for hybrid and electric cars.
• Up to $2.4 billion in tax credits for building battery plants.
• A $7,500 tax credit for people who purchase plug-in hybrid cars, which will indirectly boost lithium-ion battery production.

That's Obama's goal. And that's only the beginning. Emission free, powerful, and economical to operate, auto and battery makers have advanced the technology that makes electric powered vehicles a reality. It's the future. And it really is just around the corner:

• GM has high hopes that its lithium-ion powered Chevy Volt will catch on later this year.
• BMW is about to offer the Japanese market a version of its top-line 750i that's powered by lithium-ion batteries.
• BMW is already selling its all-electric MINI E that runs on lithium-ion batteries.
• This year, Toyota expects to debut a plug-in hybrid Prius that features a lithium-ion battery.
• Mercedes Benz is about to launch its electric-powered S400 Hybrid sedan.
• Ford's plug-in hybrid Escape is on the way.
• Nissan is installing some 65,000 lithium-ion batteries in its cars in 2010.
• The Tesla Roadster. . .Chrysler EcoVoyager. . .Dodge ZEO. . .Jeep Renegade, all depend upon lithium-ion batteries.

It means that GM, Ford, BMW, Toyota, Mercedes Benz and every other automobile manufacturer is creating a huge surge in the demand for lithium! In fact, according to the U.S. Geological Survey (USGS). . .

According to the USGA, the worldwide market for rechargeable lithium batteries is estimated to explode to. . .

The automotive market alone is projected to reach . . .

Lithium also has plenty of other uses besides the auto industry, creating even greater pressure on the world's limited production. Lithium-ion batteries are already widely used in a variety of portable electronic devices including over 60% of mobile phones and 90% of laptop computers.

That's a major reason why the trading prices of all those lithium mining companies listed at the beginning were recently up 864%. . .888%. . .1,500%. . .and even 1,745% in less than a year!

It's obvious that demand for lithium will skyrocket as more and more hybrids roll down the assembly line. But current world-wide capacity to mine and process lithium is very limited, making future supply vulnerable and subject to market speculation.

Most of the lithium used in manufacturing now comes from South America. The largest lithium deposits are in Chile, Argentina and Bolivia, in the Puna Plateau which borders all three countries. The Puna Plateau contains the largest concentration of lithium brines in the world and generates over 70% of the world's lithium production.

Lithium in the Puna Plateau is found in brine, vast dry lakes formed over tens of thousands of years, as lithium salts eroded from surrounding mountains and washed into the valleys below and left to evaporate by the sun.

Nevada is home to America's largest lithium brine resource. It's the second largest lithium deposit in the world, but by far and away the world's largest deposit of lithium brine, which is earlier and less expensive to mine. And Li3 Energy is now the largest acreage holder in America's richest lithium deposit.

Canada Lithium Corp. Lithium One Inc. Black Hawk Exploration American Lithium TNR Gold

1,000 acres 49,973 1,120 16,000 33,810

Thanks to longstanding personal relationships with the international investment banking community and access to some of the world's most experienced geologists and mining engineers, Li3's CEO, Luis Saenz, was early to recognize an imminent and strategic shortage of lithium, and was able to take action on two unique opportunities to produce low-cost lithium from lithium brines.

The company is in the final stages of acquiring mineral rights in two of the world's largest and most concentrated lithium deposits in South America and Nevada.

Li3 Energy has just locked up an 80% interest in 123,000 acres in the Puna Plateau in Chile and an 85% interest in another 90,000 acres in the Puna Plateau in Argentina.

In Chile, properties are located across 9 Chilean brine flats, including the Salar de Atacama which contains the highest concentrations of lithium in the world. It's also where SQM, currently the world's leading producer of lithium has its production operation due to the area's very favorable evaporation rate, the low Mg/Li ration of the brine, the modern infrastructure and the additional income form co-production of potassium.

Best of all, most of Li3’s property sits in the Puna Plateau of Chile and Argentina—an area that hosts 70% of world current lithium production. They’re the reason Forbes calls Chile “the Saudi Arabia of lithium.”

Li3’s property also includes prime lithium brine acreage on Argentina’s Centenario salt flats immediately north of FMC Corp.’s Fenix lithium brine mine, the 5th largest lithium producer in the world.

These are prime lithium properties, and all of them host brines and brine pools, areas of high salt concentration from which lithium can be economically extracted. The simplicity of the brine process means that the road to production for these projects is relatively inexpensive, with little lead time. It also has almost no environmental impact (evaporation being the main component in the processing).

John Myers is editor of Myers’ Energy and Gold Report. John was the founding editor for Outstanding Investments and has 30 years experience as an investment writer. Investing in commodity stocks has been in John’s blood since childhood. He is the son of the late C.V. Myers, the founder of Oilweek Magazine and was one of the “original gold bugs.” John is a graduate of the University of Calgary.  He worked for Prudential Securities in Spokane, Wash. as a registered investment advisor in the 1990s. John’s office in Calgary, Alberta is just minutes away from the headquarters of some of the biggest players and most promising junior exploration companies in today’s energy and gold markets. John has was twice ranked as a top-five investment advisor by investment letter watchdog Hulbert Financial Digest in the past decade, and has written for publications such as Forbes. John isn’t new to the red hot lithium sector. Back in late 2009, he alerted his readers to buy shares of American Lithium. Shares quickly rose 260% in just seven weeks, following his recommendation. Today he remains bullish on lithium, and sees Li3 Energy (LIEG.ob) as the next big lithium winner for 2010.

Li3 Energy is also in the final process of closing a deal for 180,000 acres in Nevada's Big Smokey Valley that are geologically similar, and adjacent to the Silver Peak Mine, America's only producing lithium operation. This is ground zero, smack in the middle of the world's second largest lithium reserve, containing an estimated 2 billion kg of lithium. Years ago—before lithium was a hot commodity—the United States Geological Service drilled Li3’s property, and intersected lithium in the water and sediment. Furthermore, gravity surveys reveal that the area has favorable geology for hosting mineral rich brine pools—salt-saturated water from which lithium is readily extracted.

Early estimates put Nevada's lithium deposits as high as 2 billion kg, ranking it second only in size to the deposits found in Chile. In fact, there's enough lithium there to meet America's lithium demands for many decades to come.

That's why it is absolutely essential that America develop its own abundant, domestic lithium resources now.

The huge advantage of mining lithium brines compared to lithium ores is that, over millions of years, nature has already extracted the lithium salts from the hard rock, washed it down into vast collecting pools and then left it exposed in vast evaporated flats.

What's left is a more-pure lithium that's a lot easier, faster, and less expensive to bring to market than lithium mined from hard rock.

Nevada's lithium brines are the only known U.S. lithium sources that can economically support mining without significant add-on profit from trace minerals such as tantalum, niobium, tin etc., (low manganese content within Nevada’s brines significantly reduces recovery costs, unlike Chile’s high manganese content brine deposits).

But, astonishingly, there is only one active operation actually producing lithium in the U.S., the Silver Peak Mine. Until recently, there has simply not been enough demand to warrant additional development. But, the best news for Li3 Energy investors is that the company’s Nevada property is in close proximity, and geologically-similar to the Silver Peak Mine.

Li3 Energy expects to develop its Nevada lithium resource into one of the world’s largest strategic, scalable and reliable sources of battery grade lithium carbonate.

What makes LIEG’s Nevada and South American opportunities of particular interest to investors is that they can be developed without the capital needs typically associated with hard-rock mining. The process Li3 Energy will use to get lithium carbonate from brine is so cost effective it gives the company a tremendous advantage over hard-rock producers:

• Lithium carbonate from rock costs. . . . . .. . . . . . . . . . $4,300-$4,800/ton
• Lithium carbonate produced from brine costs . . . . . . .$1,400-$2,600/ton.

The producers with the lowest-cost lithium will be tomorrow’s big winners. U.S. based lithium producers and lithium product manufacturers will have a huge advantage over their competition in other countries because of the Administration's Green Energy Revolution.

At both its Nevada and South American sites, the company plans to pump brines from the ground and progress it through a series of evaporation ponds. Over the course of 12 to 18 months, concentration of the brine will increase to 6,000 parts per million (ppm) lithium through solar evaporation. When the lithium chloride reaches optimum concentration, the liquid is pumped to a recovery plant and treated with soda ash, precipitating lithium carbonate. The carbonate is then removed through filtration, dried, and shipped.

URGENT NEW BUY RECOMMENDATION: Li3 Energy (OTCBB: LIEG) Buy at up to $1.50. 6-month price target: $5.00

Li3 Energy plans to launch a $10 million exploration program on the Chilean and Argentine properties and intends to initiate a Phase I sampling program on the Big Smoky Valley property in the United States upon successful closing of the acquisitions.

Li3 Energy expects it can begin production from surface waters less than 30 months from initiation of exploration and to quickly enter the market with a modest production rate (10,000 tonnes/yr) with room for growth at competitive pricing.

Ultimately, Li3 Energy's projection is production of some 20,000 tonnes of lithium carbonate a year, which, at a conservative market price of $6,000 per tonne works out to

Low operating costs along with a low sensitivity to the price of fuel and cost of reagents could likely attract an off-take agreement before actual production begins.

Li3 is already working on lining up end-users of lithium such as battery makers and car companies to act as joint venture partners. Perspective partners will put money into developing the project in exchange for a guaranteed source of lithium. This will dramatically reduces Li3’s risk and leaves Li3 with more cash on hand to develop additional projects.

How, you may be wondering, was Li3 Energy able to out-maneuver its completion and to so quickly position itself as the odds on favorite to dominate the lithium market?

Well, the answer is that, none of this would have happened had it not been for the assemblage of an extraordinary management and finance team. As you'll see, Li3 Energy has heavy-hitters covering all the key positions.

LIEG has a talented leadership team with in-depth mining experience, a history of raising significant capital from public equity markets, and a track record including big successes in the junior mining market.

Li3 CEO, Luis Saenz, was born and raised in Bolivia. Now living in Peru, he has an enviable list of high-level contacts within the South American banking and mining community. His 18+ years of experience in financing mining companies gives Li3 the competitive advantage that has enabled it to launch this two-continent coup.

Luis Saenz began as a trader of base metals trading before joining Merrill Lynch as Vice-President for Commodities (Latin America).

He spent 10 of those years in Peru running the bank’s Latin America mining and metals group—financing a number of successful mining companies, including Meridian and Pan American Silver.

He joined Standard Bank (South Africa’s largest bank) in New York in 1997 and relocated to Peru in 1998 to establish Standard’s local Rep office to lead its mining and metals organization in Latin America. Standard (JSE:SBK) conducts business worldwide with a focus on emerging markets. He was named head of Standard Bank's mining and metals Americas team, in 2007.

Saenz is ably assisted by...

URGENT NEW BUY RECOMMENDATION: Li3 Energy (OTCBB: LIEG) Buy at up to $1.50. 6-month price target: $5.00

• Kjeld Thygesen – is a current Director of Ivanhoe Mines (NYSE: IVN) Mkt. cap: $4.75 billion, whose stock went from $1.21 to $17.84. He is a former Investment Director of Resources Investment Trust PLC and co-founder of Lion Resource Management Ltd., a specialist investment manager in the mining and natural resources sector. He has over 30 years experience as a resource analyst and fund manager.
• Anthony Hawkshaw – is currently CFO and Director of Rio Alto Mining Limited (TSX.V: RIO) and Director of Statesman Resources Ltd. (TSX.V:SRR). He is the former CFO of Pan American Silver Corp (1995-2003) (NASDAQ: PAAS) Mkt. cap: $2.21 billion, whose stock went from $2.57 to $42.53. He has over 25 years experience in the mining industry arranging debt, equity and convertible debt financings with institutional investors, commercial banks and multilateral lending agencies.
• David Rector – has been providing consulting services to emerging and developing companies since 1985. He is also Director of Senesco Technologies, Inc. (AMEX:SNT), Dallas Gold & Silver Exchange (AMEX:DSG), Standard Drilling, Inc. (OTCBB:STDR), and Federal Sports & Entertainment, Inc. (OTCBB:FEDS).
• Douglas Perkins – has been managing geological projects in the Yukon, British Columbia, U.S., Panama and Peru. He has worked for many industrial and geological start-up companies and also has extensive experience on various geological company boards. As a business consultant, has been involved in many diverse businesses ranging from industrial minerals to biofuels.

Technical Advisors

• John L. Wahl, PhD, P.Geo -- Dr. Wahl is a prominent Canadian Exploration Geochemist who has a distinguished career in consulting and corporate development that spans 40 years. He has served as a special lecturer to the Northwest Mining Association, and the geology department of the University of Toronto and on the faculty of geology at the University of New Brunswick.
• Don Hains, P.Geo -- Don Hains is an exploration and economic geologist with more than 30 years of experience specializing in industrial minerals, several specialty metals and advanced ceramic materials. He is a registered Professional Geoscientists in Ontario and has examined and reported lithium brine deposits on the Puna Plateau.
• Rojas & Associates – Is an Argentinean consulting firm focused on the Latin American mining industry with a specialty in Geology. The firm provides independent strategic advice on exploration management, social issues, generative exploration, institutional and public

I think you'll agree, Li3 Energy has the management experience and the financial muscle to make its plan to dominate the industry a reality. And that's why I'm expecting. . .

Li3's management line up is a tough act to follow. But, since you're considering investing some of your hard earned money on my say so, here's a bit more about me and my own background:

As I mentioned earlier, my name is John Myers and before I could even drive, my father taught me the difficult lessons of building wealth — the ones many Wall Street analysts have yet to learn.

I believe one of the valuable assets I offer my readers is seasoned judgment and expertise. In a market where many fund managers are under 30 years old, I bring 25 years of market experience to the table.

I have seen a lot. Some of my subscribers have told me I have a sixth sense for separating opportunities that sound great but are headed for the dumpster from highly-profitable future winners. I don’t know if that is true. What I can tell you is I put in a lot of work and use my experience to separate Derby winners from dogs.

URGENT NEW BUY RECOMMENDATION: Li3 Energy (OTCBB: LIEG) Buy at up to $1.50. 6-month price target: $5.00

As the small-cap market has begun to reactivate after the crash of 2008, investors like you are being deluged with buying advice that's paid for by some Wall Street wheeler dealer.

I urge you to beware. Pay attention to who it is that's recommending a particular stock!

I live in Calgary, Alberta, just minutes away from the headquarters of some of the biggest players in today's mining and energy markets. And while Calgary is smack dab in the middle of Oil Country, it isn't too far away from the resurgent mining industry in the Western United States.

For 20 years, I lived in Spokane, where I cultivated a network of relationships with mining professionals in Nevada, Idaho, Oregon and Washington State.

And one thing about oil and mining people...they love to share what's going on. It is those over-a-drink conversations that often lead me to a great stock recommendation for my readers.

DRDGOLD Metallica Resources Glamis/Franciso Gold Wheaton River Minerals PetroChina Southern Copper Corp Coeur d' Alene Mines Intrepid Minerals

+937% in 25 months +668% in 11 months +332% in 18 months +162% in 17 months +142% in 22 months +90% in 7 months +344% in 26 months +162% in 17 months

I hope I've convinced you that Li3 Energy is something really special. I hope you'll log on now and add some shares (LIEG.ob) to your portfolio while you can still get it at under $1.50!

I encourage you to click here now to get my just released research report titled Top Lithium Stock for Monster Gains in 2010. Inside this free special report, you’ll get all the details on the red-hot lithium sector and learn why now is the time to get in on the ground floor of the next big lithium winner – Li3 Energy (LIEG.ob).

Free Special Report Top Lithium Stock for Monster Gains in 2010 Enter Your Email Address Now

Sincerely,

John Myers
Editor, Myers’ Energy & Gold Report