OTCQX:AVLIF - Post by User
Comment by
Target10on Dec 08, 2016 12:23pm
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Post# 25572128
RE:RE: A Little Profit Taking
RE:RE: A Little Profit TakingI don't know all the particulars of the water issue, but I see it as a bit of a positive sign. It sounds to me that AAL's competitor in the area is playing 'politics'. They know there is plenty of lithium in the ground in nevada. The water rights will be solved in the short term. The big prize for AAL is the property in Argentina. Lots and lots of advantages and benefits to the area they are in.
If lithium is the hot commodity that a lot of professionals are saying it is, then this will be a very good longer term investment.
tobesucht wrote:
Hi Target10,
I agree that the news are positive in general. But I also see some uncertainity because of the water rights problem which is announced in the NR. I think the selloff is caused by this paragraph.
Since I have not much knowledge about water rights in Nevada can somebody share his opinion on this, please?
Thanks on advance.