Neo Lithium Corp V.NLC

RE:Gurus like Lowry Remain Dead Wrong!

[LithiumNPV]

LithiumNPV wrote: Hypsters like Lowry were dead wrong! He never expected prices of lithium miners and the price of lithium to fall this far. He says the rebound is not far off from here. That's a bad sign when he says that because he was wrong before and looks like he will be wrong again. His estimate does not agree with the data. Think of it in these terms. LIT went down 5 years in a row. LIT and NLC have not even gone down 2 years yet this time. Certainly more to fall!!!

A more reasonable estimate would be NLC and LIT will bottom in perhaps 2021 or 2022 years ahead of the 2025-27 balance. That will cause enough pain to weed out many weak hands, both investors and the explorers. 2025-27 is still 5 years out for balance to be achieved. To be real conservative go long 2 years before 2026 so 2024 is the buy point.

You'd be crazy to go long NLC in 2020 that is for sure! Even 2021 is probably still too early because like I said oversupply doesn't get corrected until 2025-27.

Who do you think has lost more money in the lithium miners, Waldo or Lowry?