Post by
metalhead666 on Mar 31, 2022 7:36am
And I'll tell you something else dreamers...
The only real viable lithium production is from brines. Hardrock, clays etc are extremely expensive and largely unproven. That's why all the big boys are in Chile, Argentina and Bolivia. There is some hardrock from Australia but it's the outlier. Additionally there's now a 100% probability of a global recession and market collapse. Every little junior miner will fall off a cliff. The cost of an EV is still too high and the infrastructure a long way from being built out. My points are only this....despite the happy headlines and press releases there is a lot of risk here....ignore at your peril bye for now
Comment by
kh231 on Mar 31, 2022 9:38am
I totally agree! When the bashers come in (like metalhead666), they just want the weak-minded speculators here to sell, so they can pickup shares on the cheap. Often they know something or are paid by bigger players to drive the price down. This happens over and over - we've seen it so many times before, and so good to have the Ignore User and Report Abuse features on these boards!