RE:RE:RE:Where are Investors Going Next with $6.50/share Cash??Hi Nate,
Thanks for your trust.
I have invested in hard rock lithium projects in the past, 1st one was Canada Lithium that went bankrupt, and lost my investment. 2nd one was Nemarka lithium I invested early with it, and didn't have any position when it went bankrupt as well.
These two projects all have good characters which I liked. Regarding FL.V, I don't have any position for now, and may buy it. The project has excellent grade and tonnage, and high quality of concentrate. However, my concern is its remote location and infrastructure. Now ON government is building the power line, but it only has winter road, that means they can ship their products during the winter season, say from January to May. Other times, everything has to be shipped by helicopter, unless they build an airport. I worked on a few of mine projects in Norther Canada (eg. Diavik Diamond Mine).
Regardling Lithium Chile, I had invested and sold out during the last cycle, due to its inability to do anything, and even to get drilling permits. There was news recently that the Chile government may issue new permits for 400,000 tones per year Li production, and they have a very valuable land package, so some majors may partner with LITH. Their lands are so valued and huge potential, however, it will take time to realize it.
The main reason I re-invested in LITH was their Argetina project, huge land package, and they are in drilling now. If they can prove the project, then their valuation would be much higher.
That's just my thought, do your own DD. Good luck!
P.S., I do very extensive readings and researches. There is NO better project, even close to 3Q, and that's why I feel so sad to see it go. We will see what happens, all depending on the voting. I still have 95% my NLC.
tiger
Nate05 wrote: Mind if I ask your thoughts of lithium Chile?(analyst) One I've put a small bit in now last week.. tiger if you see this wouldn't mind hearing your opinion too, noticed your in on it . Anyone else feel free to chip in. I'm still holding 80% of the shares I had on Nlc.. not planning on selling for a bit I reckon. Markets turbulent anyway