RE:RE:RE:RE:RE:RE:RE:RE:90 Per Cent Increase in Measured & Indicated Resourcestiger2201 wrote: Hi Neo,
Completely agree with your accessments about BRZ. I see it as a value play. Although it is not as great as NLC, project and country wise, I can see it will easily be double or triple.
Regarding CRE, I have some position since it is the most advanced Rock Lithium in NA. IMO, it is just ok project. BTW, CEO is not from Rockwood, its the President. I used to have Canada Lithium = lost all my investment, Nemaska Lithium = I didn't have position when it became bankrupt.
Regarding LI.V, its highly promoted company, and way over valued. I preffer CYP.V, and have a big position in CYP.
I never like NCU, it's a small play, nearly bankrupt. If you want invest in copper, I highly recommend IVN.TO, the most profitable and growth company. I had it for many years, made good money, because NLC I had to sell it..
tiger
Hi tiger,
Good assessement. Li - is a bit overpriced and promoted, but it has 3 great deposit, including one uranium and I was looking for good U play. I will hold on, despite the recent set back with Peruvian bureacracy, it is on the right track.
NCU - it is not nearly bankruptsy anymore, it raised 115-131M, but dillution is painful. If production picks up, considering second known deposit and 3 more potential, share price should go up. But I won't keep it, just wait for recovery and some gain.
Same with CRE. You are right, it is OK only company, but they in breakthrough moment. DFS is done and if they get financing, the s/p should go up. I owed shares of Quebec Li company too and escaped with only some losses.
I am planning to sell CRE in appropriate moment, not my l-t hoding.
CYP would be good company to put money after the funds from NCU and CRE are freed. I hope, that CYP won't go to high till then (sorry you surely hope opposite :) )
I will look to IVN - Li is great, but it is getting hyped and expensive. For now, I hope prices are stabilized. Copper looks like good alternative to cash on electrification trend.