God article...OROCF looks like the best play - currently in production moving to full production in September.. They must be in the sweet spot, made new recent high close on Wednesday. Check out their web page and recent presentations...
jrad 52, maybe you'll keep us posted on further developments. I could not find the discussion group on Investor's Village that you said had the bearish write up....Can you help...
using your numbers and the fact that OROCF is producing where as other purer play issues in the space are defining reserves, building plants and otherwise quite some years behind, I have concluded that rotating out of the hopefuls to the producer is the thing to do...40% or so return in 12 months with a relatively high degree of certainly vs. the more speculative attributes of other juniors who won't be producing for years is the type of play I should make....Thanks for your post, I hope you will up date your back of the envelope calcuations as time goes by.
guessing, a year away....given how long things take,...It;s up today while Nemaska is down, taking a break like metal miners.... .
Found this in the article you mentioned; "Right now, most of the world’s lithium comes from Australia, China and the “Lithium Triangle” of Argentina, Chile and Bolivia. In North America, Nevada is the only player in this game, but more to the point, the U.S. state has the best lithium there is to have—lithium found in the brine.
Lithium sourced from brines, or salt water, is the most cost-effective on the market, and sourcing enough of it right at home would be a coup for all sides in the battery, storage and EV game."
Appreciate your blog; seems like the offtake agreement is the next catalyst for price appreciation. Will keep fingers crossed.
Sorry to see so much of my profit vanish. If I had known about the restricted shares coming on the market in this time frame I would have vacated my position....Hope you are right something good comes in May. - I hope the ramp up to production doesn't take to long, those these junior mining companies usually make most of their move before production begins, all about anticipation..Appreciate your comments.
I believe the premium will stabilize and begin to rise again after the new shares get distributed and the underwriters have scalped their profit. PSLV is a superior product to SLV and anyother silver ETF, particularly since it is redeemable. The premium will return,PSLV's discount premium is 0.34% bettween
Well, thanks, sooner or later it comes down to their ability to produce the stuff....at a profit...That's likely to be some time in the future - fortunately they have the favorable background of a rising end product price... Hoping the company prospers...
Looks like feasibility study released this Monday the 4th of April. Market seems impressed up 13% as of this writing. Hopefully the report is strong enough to enable the company to raise necessary capital. Appreciate views on this company as there isn't much available in the US media..