Neo Lithium Corp V.NLC

RE:RE:RE:Rick Rule Says We are in Inning #1 for Industrial Metals

[SnowyWindows]

LithiumNPV wrote: What Rick Rule says does not agree with the conference call for SQM says.

The company stated that Lithium pricing should “be higher” than what was seen during the first half of 2017.  This is very good news for current Lithium investors.  

• Why is Lithium pricing moving higher?  In their words, “Demand is really quite strong” and once again seems like worldwide, people have been too skeptical when it comes to how strong demand really is currently.  In particular, they noted that electric cars are in fact really moving quickly.  Furthermore, supply has not been able to keep up, which is what we had previously highlighted in our supply II post stating that “we are confident that there is no overabundance of supply….prices & profit margins should remain strong for the remainder of 2017.”

I have to agree with SQM here. Lithium prices will remain strong throughout the rest of 2017 and there will continue to be limited supply. We are in a very good position with NLC nearing its really exciting PEA this coming month. Stock has more than enough potential to double if the PEA agrees/comes close to our predictions