http://www.discoveryinvesting.com/uploads/MNs_Monday_November_22_2010.pdf

In the Mature discovery space Talison Lithium (TLH) is our favorite. Talison hosts a very high-grade deposit (4%) at its Green Bushes deposit in Western Australia. The executives of Talison, as we wrote last week, understand the Chinese situation very well. We have interviewed them both in person and on the phone. We think Talison has the potential to double or more over the next year. The company supplies 75% of China's lithium demand and China is moving aggressively ahead on its alternative energy future. This in itself is a significant reason to consider the company. Talison's production, sales and profitability is increasing significantly as reported in TLH’s third quarter release last week. Currently this Mature Discovery stock is consolidating and we expect a breakout from here. We have owned shares in Talison Lithium as a result of the reverse merger of Talison into Salares Lithium in July of this year.