GREY:NMKEF - Post by User
Comment by
apartfromtheherdon Jul 11, 2013 11:54am
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Post# 21601747
RE:RE:Looking into lithium
RE:RE:Looking into lithium Agreed that this is a long term hold that might not have hit bottom yet. Im still going to be doing some research independent of those analyst report because we all know they are paid by NMX.
Their patent seems attractive for a future take over however this new method seems only valuable where electricity is cheap and abundant. I don't know if this technique will be cheaper in other global locations. Somebody prove this wrong? If this is truly valuable by reducing production cost globally how long do they have this patent for?
What I see as a positive is that Tianqi has a good % of shares and Chinese state owned companies do not mess around. It's all about acquiring global resources for the future, sooner or later Tianqi will take care of business and increase their global market supply.
Ive had good luck so far with juniors that have Chinese state owned companies with their finger into our Canadian commodities. The Chinese really have a long term approach which nice if investors can buy cheep and handle the ups and downs until something actually happens