OTCQX:NTTHF - Post by User
Post by
LithiumNPVon Sep 17, 2020 8:52pm
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Post# 31579051
The Problem and the Solution
The Problem and the SolutionThere is still a massive oversupply of lithium. Balance is not achieved until 2025-28. Sure you could buy NLC now, but your money will go nowhere for 5 years and mostly likely go down as NLC drops to 25-35 cents (final bottom).
There are too many opportunities out there that you can put your money to work now like Northern Dynasty (NDM). I bought 700,000 shares at $1.10 CAD, and it is now $1.50. That's 700,00,000 x $1.50 = $1,050,000 CAD.
We expect the price to go to $20 CAD soon when the ROD is issued and a partner joins like Barrick. Barrick's resources have collapsed the past 7 years, so NDM would be a key asset to acquire.