Allkem Ltd T.ORL

Primary Symbol: OROCF

Metals & Mining Industrial Metals & Minerals

Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, and Olaroz. The majority of the company's revenue is derived from the Olaroz segment.

PINL:OROCF - Post by User

Allkem Ltd

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Comment by MonetaryReseton Mar 03, 2017 10:28am

225 Views

Post# 25926384

RE:RE:RE:Where the $*%#^ is the bottom!

Hi,

I just entered @3.70 on the late Feb drop and added twice on the next drop. This looks like a good longer term entry into the Lithium/battery story to me. The cobalt part of the battery story exemplified by Katanga Mining KAT.TO was getting a little crazy so I rotated into what was lower as the sector looked to be peaking out short term. I see that the junior Cobalts are getting clobbered today after some previous initial declines. I'm sure that I will reenter Cobalt juniors as soon as it calms down...but ORL looks like it will be fine in the long run and I'll keep adding if the decline continues.

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