RE:RE:I'm tickled its at a new high
So long as folks understand that in the long run a penny stock lithium play has almost zero chance of success. Literally 80 - 90% of the entire world's supply of lithium comes from just three entities right now and for two of the three it isn't even their main product. As for an increase in demand, when and if that arises all they have to do is simply open the taps on their brines just a little bit wider. The hype is just that - hype, and it all started with the simple announcement by Tesla that they were building a megafactory to produce LITHIUM ion batteries. And not only is lithium perfectly recyclable, it is sold by the tonne. And the challenge is NOT in finding it - they know where there is tonnes and tonnes of lithium. Its processing it. Don't think of it as an ore or mineral resource, think of it as an industrial chemical. Pure and simple.