RE:RE:RE:RE:lith's newsHi Trunorth,
Thanks for your trust.
CYP is a clay type of lithium, and is different from LITH & AN, which are brine lithium.
I like both LITH and AN, in certain way, I feel AN's valuation is already built in the bough out price by either LAC/Ganfeng. It is for sure AN will be bought out, and just when. I have been watching AN but never had a position in it due to its ran up SP, and any weakness is a buy for me.
Comparing LITH anmd AN, I prefer LITH, mainly its Argetina project due to its land size and lithium grade. During the last drilling, they f*up lithium grade due to improper insolation of top layer low grade. With 1 hole, they got 1.4 million tone resource.
Now Chengxin, a Chinese lithium company is having 19.9% in LITH, it is like CATL bought about 8% in NLC, and NO warrant atatched with the share, so it shows confidence in LITH. I am sure LITH will be bought out by Changxin either as a whole or only Argetina project alone.
I feel there is more upside for LITH than AN.
CYP is my only clay play (LAC is a kind of clay as well, I have some). With their pilot plant results and under valued MC, long term there are lots of upside potential, however, it is only my 4th position now, due to slow pace with everything they are doing, and nothing is on time. I may incrase my position in CYP, with this name, you have to bear it up and down. Long term it will work out.
When I evaluate stocks, I compare peers in terms of quality of the project (size of land, grade), managemenmt and valaution, and trying to buy under valued stocks. However, some stocks may keep going up. For example, FL & SGML, bought FL around new year at about 2.05, it went up to 3.00 in a short time, so I sold nearly all, but 500, and remind me to buy it back in the future. Similar story with SGML. FL is a buy, but its valauation is just too rich for me.
I have increased my substantial position in CRE recently, now my top 4 lithiums are LITH, CRE, BRZ, & CYP. Among my top 4, I may adjust them from time to time.
BRZ is a stock, you buy and waitting for something to happen, LOL.
I also have NGC, my 5th position, graphite play, you can have a look. Graphite stocks haven't have big ran yet, it will be.
Above are my thought, and may not apply to your situations, but hope my thought will help you & good luck!
Happy Easter!
tiger
Trunorth2019 wrote: Hi Tiger,
ive been following your posts in this sector. Much appreciated so far.
i was curious why LITH is your biggest favorite over lets say CYP vs AN.
Quite the quiet board lol.