OTCQX:AVLIF - Post by User
Comment by
Not2Siriuson Oct 25, 2018 10:54pm
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Post# 28875749
RE:RE:RE:RE:Bloomberg view of LI market
RE:RE:RE:RE:Bloomberg view of LI marketChrisGuinness wrote:
Thank you!
NLC-v looks great! If it can get back above $1, ideally at least $1.05 and preferably above $1.20 for insurance, it's a no-brainer to accumulate (with stop below established uptrend or at least $1.00).
NMX-t seems a bit less compelling at the moment.
LAC-v is already on my radar.
PLLL has a very clear chart, waiting for a reversal.
HUGE upside on these when the time comes.
Will probably see you on those boards soon!
Can’t argue with any of your assessments. This is my lithium basket for the long haul, and think I will be in and out of these (mostly in) for quite a while. Some of the charts are not as compelling as others at the moment, as you say. Of all commodities I have focused on lithium the most since end of 2016, and have had many conversations with management and other investors. I picked this particular basket as it’s fairly diversified in terms of country risk (a little heavy on Argentina but I will accept that), and has both hydroxide and carbonate producers. Investors are very much doubting the juniors’ technical abilities right now, so I’ve picked brine crews with good experience/partners. I’m not that big on the Aussie spodumene players anymore as there seems to be a lot of that coming to market with hydroxide conversion capacity lagging well behind.
Got back into AAL today at 0.59, GL folks.
N2