Bearing Lithium Corp BLILF

Metals & Mining Industrial Metals & Minerals

Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.

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Bearing Lithium Corp > Chile Politics

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Comment by tiger2201on Feb 23, 2022 1:52pm

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Post# 34454655

RE:RE:Chile Politics

Hi neo,

I don't have any doubt with my investment in BRZ. With the resource stocks, you have to deal with its Up and Down. Within 1 year, I can see MSB will be sold to someone, at a price of 2 to 4 times current SP. I will sit tight for the next 1 year.

tiger

neosceptic wrote:

tiger2201 wrote: https://www.thedialogue.org/analysis/will-chile-move-to-nationalize-lithium-and-copper-mines/

Good to read it.

tiger

Thanks tiger. It is a good source. How BRZ will be affected is question. Will nationalization happen? Will it be a purchase? Only mines or developers affected? Too many questions, but uncertainity is not pleasant.
I checked major miners, SQM, Antofagasta - their shares are not affected, they do not seem to be worried at all.
Bought another 40K shares to round up my holding. BRZ remains to be dirt cheap.

Hopefully Mitsui wil show up for the final agreement. Their Brazil partner, SIGMA, benefited immensely, from 100M capitalization to 1.2B in two years after signing with Mitsui...In full producution mode now.
Hope we are next.