"I am not sure if I can tie lithium demand to that of tulips in 1637."
Exactly, because you don't have to. Bubbles have nothing to do with demand.
However, you don't have to look far back in time to see the word "pegmatite" could cause a stock to triple in a day. That all stopped on a dime, about the same time that PLS, AJM, NMT and GXY all peaked in value. After calling it, I spent about a month dodging chat room tomatoes. I note everything is a lot more sober nowadays and fundamentals have taken more control as the market, whilst still frothy, is better informed.
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