Nemaska Lithium Inc NMKEF

Too early for lithium boom

[RickHunter]

I make me a good chrismast gift. I sold 75% of my shares in lithium companies like ORL and i sell NMX. We are burn and we muat learn. Its ovious we invest too early in lithium. Investing in a company lead by a lawyer instead of an engineer or a mining experience contractor was a mistake. Add the lithium price ink to that lead to the end of Nemaska. There are too many companies who extract or want to extract lithium. Go on walletinvestor.com type any lithium companies even albermale, sqm , orococobre and nemaska and you will see expectation price of theirr share are at zero in 2024. They will go bankrupt and active mining company like Glencore and others big pockets will by equipments at diacount from bankrupt companies. LAC are showing Glencore the process of lithium and rhey think to enter the market. Just big lithium stocks like Albermale and SQM seem to not even survive. They stop mining projects because of oversupply and they sink becaise lithium price is too cheap. Its too easy to extract lithium and they are a lot of bassins like if it was water...So better wait in 2024-2025 when the ev boom is effective not too early like now. And pickup a company that do money and his in production with low debts and with a good experience CEO this time..