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TNR Gold is getting noticed in the market place with all its recent activity in Lithium and REE space. Dundee Capital Markets issued an investment research: Lithium - Hype or Substance. TNR Gold is featured among other Lithium companies listed on Canadian stock exchanges. It is in top five plays by market cap along with Western Lithium, Canada Lithium and Lithium One - most well know lithium plays now in Canada. We think that market still do not give a full credit to diversity and extend of TNR Gold Lithium and REE portfolio and further resource development will bring more attention to this fast developing company. With recent news from China TNR's newly acquired "Large Rare-Earth Elements Target in Ontario" will be another wild card in valuation. TNR Gold traded at levels above 0.3CAD with only slightly lower market cap in summer 2008 based only on its Los Azules, other Argentinean Gold and Copper properties and Gold properties in Alaska, long before moving into Lithium and REE market. With gold hitting all time high at 1099 USD/oz and Copper sitting close to 3 USD/lb it has another drivers in valuation as well. Report's estimations on Lithium Demand are very conservative and we found it as a very important reference point to other estimations and our own models in this field.