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Bullboard - Stock Discussion Forum Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono... see more

CSE:TTX - Post Discussion

Tantalex Lithium Resources Corporation > High Beta for a Reason
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Post by ErinBrockovich on Jan 27, 2022 9:13am

High Beta for a Reason

TTX is quite possibly the riskiest "investment" I've ever seen. The DRC is a very difficult place up do businnines. Not to mention infrastructure is poor. Rail, roads, health, by every measure behind the first world by a 100+ years. And also China is a dominant player. The elephant in the room of you will. And, unfortunately, all of this is overshadowed by an ongoing genocide in parts of the country. 


The beta is very high for a reason

Comment by Lisan on Jan 27, 2022 9:18am
According to your own criterias the riskiest speculation is AVZ with a 2.3 Billion market cap compared with TTX's 67,3 Million market cap. So yes both are risky but not on the same scale....
Comment by Sylt1204 on Jan 27, 2022 9:34am
AVZ with a 2.3 Billion market cap compared with TTX's 67,3 Million market cap...... The probability that TTX will rise 5 times higher in the next few days is greater than if AVZ will rise 5 times, TTX has a small market cap and can explode at any time and bring big profits for shareholders, AVZ is a bit slow the market cap will not rise as fast.
Comment by ErinBrockovich on Jan 27, 2022 9:36am
Clearly, you do not know what beta is. It's a statistical measure of volatility as compared to the overall market. TTX comes in at 4. Which is astoundingly high. It means that the stock can go up quick and come down just as quick     What Is Beta?  Beta is a measure of a stock's volatility in relation to the overall market. By definition, the market ...more  
Comment by Lisan on Jan 27, 2022 9:40am
AVZ lost about 33% during the last week. You don't need to give me a lecture about Beta!
Comment by ErinBrockovich on Jan 27, 2022 9:47am
My reply was directed at Sylt. 
Comment by Sylt1204 on Jan 27, 2022 9:29am
I have various lithium projects in Portugal/Spain and currently in Serbia which are all at a standstill because the population or the government does not want mining so that the prosperity and the landscape are not disturbed, in the Congo, on the other hand, the people want prosperity and profit from it and the government supports everything, so the projects there are much safer than in the ...more  
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