RE:RE:Market Rebound Mick, I can now see how you talk yourself into believing something that is not true...
"strategic materials" such as LI = not true, Canada does not have Gigafactories or EV factories therefore the LI is not a "strategic material". Canada has to import the EV or the battery from elsewhere...
Strategic material is if you have the Gigafactory and have no raw material like LI and have to import it...then you need to open a li mine locally...
Strategic material is to have your own oil and be "Energy Independent" like US is....
Strategic material is to have a full line from mining to finish product and not depend on others for anything.
We really don't like building anything in Canada, we prefer to import them and just print money to cover shortfall for social services and just increase the TAX next year...That's how GLOBALISM works, send from the Have to Have not Contries... Bring the low one up and the high one down...create a medium where they are all the same (True communism)
But you are lucky mick, UK is out of EU Globalists and have a Patriot Premier....we are still stuck with a Globalist puppet that cares more for others than his own country...
mick1888 wrote: In addition to your observations Charlene; all Governments should be looking at their supply chain for 'strategic materials' such as lithium, and whether it is satisfactory that global industry should all be reliant on predominantly a single source (China).
Charlene wrote: The peak fear for cornovirus and oil was yesterday. We should see a nice rebound today. I am happy that NMX is not trading. This fear will be good to make governments and central banks apply stimulus. Also, makes governments and people more careful. The new cases should go down.
The end of this month, there will be a new narrative. Good luck all.