Bullboard - Stock Discussion Forum LITHIUM X ENERGY CORP V.LIX

Metals & Mining Industrial Metals & Minerals

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."

Add To Watchlist

TSXV:LIX - Post Discussion

LITHIUM X ENERGY CORP > Rick Rule is Confused. The Big 4 Do Not Agree with Rick Rule

View:

Post by LithiumNPV on Aug 25, 2017 7:45pm

Rick Rule is Confused. The Big 4 Do Not Agree with Rick Rule

What Rick Rule says does not agree with the conference call for SQM says.

The company stated that Lithium pricing should “be higher” than what was seen during the first half of 2017. This is very good news for current Lithium investors.

Why is Lithium pricing moving higher? In their words, “Demand is really quite strong” and once again seems like worldwide, people have been too skeptical when it comes to how strong demand really is currently. In particular, they noted that electric cars are in fact really moving quickly. Furthermore, supply has not been able to keep up, which is what we had previously highlighted in our supply II post stating that “we are confident that there is no overabundance of supply….prices & profit margins should remain strong for the remainder of 2017.”

575