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Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > NILI to keep DE-RISKING the Nevada project
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Post by deepoil0808 on Nov 13, 2023 11:39pm

NILI to keep DE-RISKING the Nevada project

Interesting article on oil.price (can be found on ceo.ca).

There has been a 75% correction on lithium prices from $ 81,000 per ton to $21,000 per ton.

Some analysts predict a over supply in 2024 and, others a small deficit.  Either scenario has no effect on NILI as they are not a producer.

All analysts agree that by 2030 there will be a severe shortage of lithium and, that is the time when NILI will be producing, so FAT PROFITS.

NILI will keep de-risking this project and adding more lithium to the indicated category.    I think we all know that NILI will build the resource and they will sell out the firm.   Graham has already stated that this resource as of today is worth $ 5 per share.   So no selling before that target price.

I believe that as NILI proves up the deposit, we will move up in price range towards the DOUBLE DIGIT price.

Now is a time when you close your eyes and just keep adding to your portofolio, a little each week or, each month, to build a HUGE POSITION. 

Good Luck, 
Comment by geolteacher on Nov 14, 2023 1:40pm
I saw the headline, but thought the info about how they were going to de-risk was short on specifics.
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