RE:Update Share Price via Peter's ChartFor me the charts are great to see what the lithium sector is doing as a whole. Personally I don't think it is fair to be comparing us to brine and rock deposits. Most people in the industry, when you hear their interviews all say the same thing. Clays could be a producer down the road but right now it is a much riskier investment. Bacanora has been in the pilot stage for 4 years, tweaking their process with Ganfeng. So brine and rock deposits get a premium because they are a proven way to produce lithium. Obviously Li is the unicorn where I believe their promotion, ticker symbol and name being so close to LAC is all reasons their SP is so high.
I am as frustrated as anyone on here. But the more I think why hasn't the institutional money come yet, I think it is because we need to prove this on a commercial scale it can be done. There are so many lithium junior mining stocks. why gamble on something that is unproven when they can invest in brine or hard rock that is proven? Just takes some of the risk out because we know junior mining is a risky investment to begin with.
looks like this stock is on its way up and hopefully the lithium sector has a whole starts moving up. I'm still holding strong!! Good luck to everyone with whatever choices they make!