Before investing in FFX, I asked myself the followings
1. With high inflation,imminent Fed rate rises,Ukraine Russia war, Which is the best sector to investment your hard earned cash ?
Not the tech section so sure, I will say the commodity/mining sector.
2. So which commodity should I choose ?
I will say gold to hedge from growing inflation, and Lithium, as EV adoption/Electrification/ Zero emission are the mega trend and this trend will last for decades.
3. So which company should I pick ?
Which company has a TIER 1 lithium asset,FULLY PERMITTED,FULLY FUNDED,CLOSE TO P RODUCTION ,and a PRODUCING GOLD MINE and still UNDERVALUE.
FFX its
3. But this company is in Africa, should I be worried ?
NO, the only way African nations could make significant $$ is through mining. Hence they will do everything to protect and facilitate it.
Please check the SP performance for AVZ,
Therefore, my pick is FFX
4. Should I worry about the recent correction in the market ?
No, as I don't own any tech stocks.
I actually do not mind this correction, the more pullback the market has in April & May, the higher chance it will bounce back in JUN.
This is importance as LLL is going be be listed In JUN.