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Advantage Lithium Corp AVLIF

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein. Its projects include Cauchari; Incahuasi; Guyatayoc; Antofalla; and Clayton.


OTCQX:AVLIF - Post by User

Comment by kikker01on Jan 31, 2019 9:45am
101 Views
Post# 29300857

RE:RE:RE:Do not be fooled by recent run.

RE:RE:RE:Do not be fooled by recent run.
That depends on how long you are prepared to wait for a turn around.  2019 with be a surplus year for lithium, Fastmarket forecasts several years of surplus beyond that.  There are many EV and batteries plants in productions or planned but it appears that demand is going to lag for some time to come.  As commish said, orocobre is expecting week pricing for forceable future.   
I do not feel that confirming reserves is going to move the share price.  I have a few gold stocks that barely budge despite rising the gold price and millions of onces in the ground.  Just like aal, they need a producing mine.....
Lithium salts and minerals are not rare.     There has been a rush to create new spodumene and brine based mines, add to that the increasing production at existing ones. At this stage,  I'm not convinced  that supply won't be able to keep up with increasing demand.  Norway aside, we have yet to see broad EV adoption. Though sales are increasing in China, the Trump administration is removing the EV tax incentive.  We aren't about to see a big rise in sales in the US which is the second largest car market in the world.  I do regret not having sold when the Morgan Stangley report was released.  Right now i'm holding and hoping and hope is never a good investment strategy.
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