OTCQX:NTTHF - Post by User
Comment by
tiger6301on Oct 25, 2019 3:29pm
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Post# 30270955
RE:RE:RE:Big news went un-noticed
RE:RE:RE:Big news went un-noticedIt is just my opinion, or "feel" that the LOW lithium price & share prices may take another 2 to 3 quarters to turn around. Hold long & be patient!
tiger
shahabstarship wrote: Great summary. Looks like Cormark still holding on to some shares from two years ago selling at year end (Cormark was the lead underwriter).
Definitely looking like sector starting to turn. Also, gap between hydroxide and Carbonate is closing with carbonate pricing stabilizing. looks like all industry is under max possible pressure right now hence the turning point
A possible scenario: supply panic in very near future with upward revision of growth expectations for EVs, then stabilizing prices at higher levels and growing at a very healthy pace for quality projects