Benign Banter & Price Predictions, page-5259

All the media coverage about the "abundant supply of lithium" has caused a huge drop across most of the lithium stocks. It's very overdone. Anyone experienced with investing in miners/commodities will know that this is just part of the game. No doubt in a month or two there will be a new story about a shortage. This is why I don't like investing in miners/commodities.

It was only last year I heard so many analysts advising to sell Orocobre back when it was $3 because it would never go any higher. Now if you look at it trading at nearly $7. Now I hear those same analysts on YMYC saying to buy Orocobre.

My point being, no one has a crystal ball. DYOR and stick to your guns. Mining companies take approx 6-7 years on average to be at peak production. This is the time frame I would be looking at. Imo the underlying commodity will always fluctuate in price and only those companies that can control costs and are managed well will ever really make it.