RE:Lithium Stocks in Clayton Valley are on Fire...MiningBoss wrote: NRM, LI, CYP, SPMT, PE, CRUZ and ALB all on the way up. Some easy trade now that summer doldrums are done...
I owed CYP and PE once, then I sold it to buy NLC.
CYP looks solid now, but I would stay away from PE. The grades are so low, that they hope for magical tech. that will make the deposit feasable.
Of course, a the end, everyone should decide for yourself, but I am going to stick with NLC.
It is difficult to predict s/p at the given moment. I suspect initial positive news (expected drill results, DFS, financing), might not lift NLC as high as it worth, because there could be a profit taking and nothing wrong with it. At the same time, NLC should gradually gain a lot more weight, LAC's market cap is 2.3B and there is no reason why NLC won't have it in the future.