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rkadian

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17/05/16

19:16

Post #: 17794015
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Originally posted by Thesi ↑

What are his good reasons for not tipping lithium stocks today?

There is always a comic relief in a movie that just doesn't get it and claims that there won't be an earth quake for instance and when it does happen are clinging to the leg of our hero's girl as a deep crevice opens beneath. But she just kicks him away with her manolo blahnik and says, "you should have listened to John" (her partner who the comic relief always came to blows with and called his claims ludicrous) as the crowd cheers he falls away like Hans ***er into what looks like a never ending opening in the earth.

So yeah, what were his excuses for not liking lithium stocks?

http://static2.*.com/image/5697dcdfc08a809b088b98f9/how-the-die-hard-director-tricked-alan-rickman-into-making-the-best-scene-of-his-career.jpg

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Hi Thesi, Sam Volkering's reason for not investing in Lithium stock is that there is more than enough Lithium for the demand out there. He also mentions the big 3 companies Lithium cartel which controls majority of production. To be fair to him The Australian did run an article yesterday about Lithium and the miners. The article was specially critical of PLS's market cap of 800 million, being an explorer. Anyhow, I am a holder in Galaxy and it has served me very well so far.

What do you think about supply and the cartel?

GXY Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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GXY Charts, page-296

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Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

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