OTCQX:AVLIF - Post by User
Comment by
Coffeeinvestingon Mar 21, 2018 10:50am
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Post# 27753096
RE:RE:Opinions on a good buy in price
RE:RE:Opinions on a good buy in priceI have the same opinion as Tobesucht - if it goes to less than a dollar, it most likely won’t stay there long.
My model is predicting a large resource increase, however I am not sure if the resource estimate in the next few weeks will include the NW sector or not. They have 1 or 2 pump studies done in the NW, which gives reasons to partially include some of the NW resource in the estimate; however I am not an expert.
That said, once the full resource is released I think people will be pretty surprised at how much lithium they are actually sitting on, and hopefully by then market sentiment improves after the Morgan Stanley article. It should in my perspective considering the demand on the car/battery manufacturing side hasn't slowed and EV's will only become a hotter topic with time.
Cheers