AJM - SP about to Fly ?, page-31

@Raizoneskee I would be careful borrowing money to buy shares. While it can come off it's much nicer to be able to sleep well at night.

I do think you're well and truly on the mark with real Lithium stocks as imo the analysts have got most things hopelessly wrong. I can't see any way that demand for Spodumene won't be through the roof over the next ten years. We may get a few pull backs and might be best to buy add more then rather than borrowing...

imo AJM and the neighbours offer lower risk and higher reward models than most small caps. Never stop researching and patience will usually win in the end. There's nothing beats having confidence where your investment is going. It doesn't matter how small you start, if you remember the basics you can make remarkable gains.

I think many have finally come to the realisation that 2015 is not going to repeat. That was the year any lithium stock could fly. That is most certainly not the case now and out of some 60 lithium stocks I have all but discounted all except three. It's not just about having lithium. You have to have spodumene and it has to be accessible and support a commercially viable mine size. If you don't have a clear indication of around 20mT of accessible resource then I think you are now playing with fire.

That's where Pilgangoora is a standout. Spodumene resource that is commercially viable is very rare indeed. Best of luck.