Is anyone concerned about an oversupply of Lithium?, page-16

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Facthunter

11,876 Posts.

815

21/11/17

22:02

Post #: 29000615
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Originally posted by Thesi ↑

Great post up there @bfor3108 definately concur with @brotherprinter there. If anyone hasn't read your post I think they should scroll up a few and read it a few times as I have.. Then leave a like. I only have the ability to give one like but you deserve so many more.

@Facthunter I think when it comes to LRS it comes down to the cost of production along with a number of factors getting there.

They would possibly need some ability to convert locally, however conceding that lithium price has hit Plaid/ludicrous mode hey, who am I to say what is and isn't possible?

I tend to be a little risk averse and as I pointed out earlier and most of the time I like to seek out companies that compliment Galaxy and where it is headed. If I don't see a reason for Galaxy to consider investing or doing a bit of M&A I tend to pull back. Hype isn't really my thing and I was told a long time back to 'go all in on LRS' which whilst I could say I am glad I didn't... I wouldn't have anyhow. My Galaxy holdings remain where they are.. Safe and sound in the hands of an experienced team..

But I don't mind the odd flutter from time to time with a small play and I tend to keep it to myself.

No need for me to go out and say 'this is the next big thing'

Party and fanfare does freak me out a little when it comes to investing..

Can't tell you how many times I have been told to buy into bitcoin lately.

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Yes, Im curious as to GXY's interest in LPD and where the tentacles may extrapolate out too down the track.
No bitcoin for poor Burnie.

GXY Price at posting: $3.54 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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