Post by
frewil11 on Jul 21, 2024 10:18am
LITHIUM SECTOR
If Case Lake was just a Lithium play I would have sold a long time ago , I don't think the Lithium plays will start picking up for a couple years, you just have to follow what that 40 to 45 billion coming into Quebec and Ontario does , in other words the EV car companies that have commited to a huge build out of car and battery factories , if you start hearing news of pushing completion dates further down the road or even backing out , it will really get bearish for the Lithium sector in Canada.Just my opinion, everyone have a great weekend.
Comment by
Chiefmombo on Jul 22, 2024 9:16am
The 40-45 billion in funding gets cancelled when trump gets elected because it's all dependant on the infrastructure bill under Biden. If the US doesn't follow through with it (trump has said he's reversing it) Canada cancels the funding with the car companies.
Comment by
frewil11 on Jul 22, 2024 9:23am
I kind of find it interesting that Elon Musk endorsed Trump and even donated some money , then with in a day in his speech Trump states he is going to stop the EV nonsense , wow Musk realizes no better way for Tesla to kill the competition , lol.
Comment by
Chiefmombo on Jul 22, 2024 5:15pm
Tesla doesn't need the government subsidies because they've solidified their supply chain better than all of the other automakers, that's why he welcomes it
Comment by
frewil11 on Jul 22, 2024 6:58pm
Yes that was my point of my post .