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Neo Lithium Corp NTTHF

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.


OTCQX:NTTHF - Post by User

Comment by neoscepticon Mar 31, 2021 11:09am
294 Views
Post# 32913884

RE:Lithium Producer News

RE:Lithium Producer NewsThank you, tiger for the post.
Not trying to be overly optimistic, but we maybe entering phase 2 of s/p increase.

First phase is always more powerful, when commodity prices are rising. All involved in commodity benefit.

Second phase, when producers begin to publish profit reports. Though it all connected to phase one, market inneficiency plays role (when a commodity prices fallen the opposite is also happen).
Now, producers will rake most benefits, but we should get something too. 

Second wave of consolidation may happen too, more merger and aquisition to get full benefit of the rising prices (Lithium is one of the safest in term of rising demand).

NLC can be a prime target considering stage of development, continuous de-risking, and quality of the deposit.

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