Lithium Peers price analysisAs a simple point of comparison, as of yesterday ENRT 1 year performance is -56.67%.
MGXMF -59.68%
LAC -63.66%
NRM -50.91%
CYDVF (Cypress) -21.47%
LIT (Global X Lithium and Battery Tech ETF) -30.02%
FMC Corp -21.69%
ALB -39.89%
SQM -34.66%
The whole sector had a pretty bad year in 2018 as we all will have read about I'm sure. To me, this does not change the fundamental argument for lithium and it's future. Clayton Valley projects especially are in an exciting phase with a number of Enertopia's peers also progressing at a fast pace. Even Cypress Developments (who recently announced a total indicated resource of 697million tonnes at average grade of 886 ppm Li or 3287million tonnes of LCE) is down 21% over the sme period.
My takeaway of all this is that we are enjoying an unexpected opportunity to increase exposure to the lithium "tailwind" megatrend.