G'day showstring. IMO, keep away from hard rock lithium...

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    G'day showstring.

    IMO, keep away from hard rock lithium (pegmatites) in favour of brine deposits (Sth America). It will be interesting to see what happens after GXY finish their bun fight with the Chinese over the plant, and completely write off Mt Cattlin.

    I'm following them to see what happens with the Sal de Vida show (Argentina) - it is currently valued at zero and will eventually be freely leveraged, separate from those hang-ups mentioned above. Astute timing and research needed on that one (not ready yet, IMO). If looking at the few other players, use the Sal de Vida resource as a benchmark. Sovereign risk in order from good to bad; Chile>Argentina>>Peru.

    Happy hunting.
    Last edited by HCGhost: 24/10/14
 
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