Post by
LithiumNPV on Sep 29, 2017 3:08pm
What People Don't Understand About Electric Cars
Yes, the growth is great in electric cars and motor bikes and electric storage, and moving quickly to electric trucks, semis and planes, but growth from a very low level is not a big demand on lithium itself, not yet. Think tanks say ther is an oversupply of lithium right now. This is why you won't see lithium developers, miners really move yet. But when you deal with growth from a larger base of electric cars then you will really see lithium stocks take off.
Comment by
LithiumNPV on Sep 29, 2017 3:11pm
We are still a couple years out from that higher base I was talking about.
Comment by
Not2Sirius on Sep 29, 2017 3:22pm
The lithium ETF is up like 50% this year, just what in the heck are you talking about? That's not a real move? Gah
Comment by
LithiumNPV on Sep 29, 2017 3:29pm
It has since been going down. It is clear we are back on the downslope.
Comment by
LithiumNPV on Oct 02, 2017 4:40pm
You're mistakenly assuming because it has gone up that it will keep going up right now. It will instead rather go down slowing for a few months before it rises again. I am looking to pickup Lithium X perhaps around $1.65 somewhere in there.