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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Bullboard Posts
Comment by stkinvestor75on Oct 12, 2018 4:09pm
103 Views
Post# 28791309

RE:RE:ba bye YRI - Calgary_AB

RE:RE:ba bye YRI - Calgary_ABI agree with you Calgary that a recession is coming and will be ugly because of level of private debt.  a Lot of very crediblae players are stating this very clear and loud (example Ray Dalio who manages the biggest private hedge found worlwide who expects a 70%  recession in next 18 months.

I also agree you should have gold/silver as a insurance policy (a little part of your porte folio from 3% to 15% as per your risk tolerance). It's like having a house with no fire insurance stating no fire will burn the house. Somebody who has some economic literacy and know economical history knows its mandatory.

So investing blindly in indexes or fangs at this stage of the debt cycle is not a good decision. It doesn't mean there is no opportunity. Keeping a cash balance in your porte folio for when the recession hit is a good strategy but this doesn't mean no investment make sense.

There is a high chance people will us Lithium battery for transportation and electric grid in next decades since there is a high pressure to use clean energy. When to place yourselves and profit from undervalued stock depends on your own strategy. I don't believe playing 100% defense is the best approach, there' sa chance you miss scoring opportunities if the recession is delayed as it has been in lest years where fundamental would have us believed otherwise.
Bullboard Posts