OTCQX:NTTHF - Post by User
Comment by
neoscepticon Mar 31, 2021 11:09am
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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.