Post by
Eric35 on Dec 12, 2019 10:11am
Another good day for lithium sector except junior
Lac and Lthm doing pretty good since couple of days.LIT ETF ,too with Tesla going higher.If you go at trading economic watch lithium forecast now is at 103 and need to go at 115 to break the down slide. As report by Orocobre and Sqm,ALb, lithium price will go down and don't expect good Q4 result but big company will still doing profit.Battery quality still above 10 000$ and short of supply.No reason to leave the boat, i don't want to miss the financing.18% lithium demand growth YOY.
Comment by
shahabstarship on Dec 12, 2019 10:28am
Another cross trade day and positioning today by Dundee Capital. What's encouraging is I do not see such positioning in other Lithium juniors in the last 3 to 4 months and I follow the main ones closely.