GREY:NMKEF - Post by User
Comment by
RickHunteron Nov 30, 2019 3:42pm
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Post# 30409435
RE:effect of foreign exchange on foreign investment in canada
RE:effect of foreign exchange on foreign investment in canada
Tcheck i dont think pallinhurst look so much at the cad gbp currency conversion. The english pounds is weak for usd too and others currency because of brexit.So it not better for them to invest elsewhere. Anyway the gbp/cad at 1.72 is even better for pallinghurst than in august 2019 around 1.60. I think pallingthurst look more at the lithium price and the stock price of nemaska. Lithium price stabilize after it decline in 2018. The lithium price recover to rise back to his value in july 2019. Its a good sign for lithium investors.