GREY:MGXMF - Post by User
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$tarbuxxonPenderon Jun 02, 2017 11:30am
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Post# 26316901
RE:RE:RE:Words of caution
RE:RE:RE:Words of cautionI think Joe Lowrey is a pretty smart guy on lithium supply and demand. There isn`t a media outlet, blogger, news letter writer and company promoter that isn`t saying electric cars using lithium batteries will take over the automobile world. When 1000% say its going to happen it usually doesn`t. There is no shortage of spodumene in the world that can be produced by conventional methods. You just have to go back to the REE hype , 2 mines went into production and 1 closes. Uranium before that no mine went into production from the last promo cycle. Promoters talked about new reactors coming on stream but conveniately forgot the ones coming off stream. In Vancouver the current electric cars are good to drop the kids off at school and pick up some milk. If any trip require going thru the tunnel or over a bridge no one will take a chance. Sitting in gridlock with the windshield wipers going and the heater on means you will be walking.