GREY:NEVDQ - Post by User
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bogfiton Feb 28, 2022 9:29am
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Post# 34467206
RE:RE:RE:RE:RE:RE:Lithium Americas Submits Draft Loan Application to the US De
RE:RE:RE:RE:RE:RE:Lithium Americas Submits Draft Loan Application to the US DeI don’t know anything about the lithium industry, who or which companies will profit in the future. I don’t know what competing technologies exist or may appear in the future, I don’t know how to evaluate the many different lithium projects that have been proposed. My expectation is that some will survive and prosper, others will fail and others will remain marginal. Without doing a great deal of time-consuming research, I really don’t know which is which. All I know is that a lot of people lost money in the Tech wreck because they didn't really understand the business.
I’ve sometimes suspected that those who jump on the latest “new thing” are those who weren’t particularly successful at the old one. I learned long ago that dozens of great investment opportunities pass by me daily, but still, it takes time to really finish sector DD to the level of confidence of holding in a downturn.
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