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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of... see more

TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Hasn't Goldman done this to us before?
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Post by Goodtoreadthis1 on Jun 13, 2022 6:34am

Hasn't Goldman done this to us before?

I recall at least once where they estimated a glut and all LI stocks fell and no glut occurred.  When u look at the details of the rebuttal to Goldman , you think how could they have gotten this so wrong? Needless to say on Wall St there are many motives behind getting it wrong.
Comment by tinker901 on Jun 13, 2022 7:59am
Last time was Morgan Stanley.  And this was their prediction : The pricing impact, according to Morgan Stanley, is that the Chilean contract price of lithium carbonate will decline from an estimated peak this year of $13,375 per ton to $7,322 in 2021, rising back to $8,155 in 2025. The report notes, however, that lithium prices are at present “opaque.”
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