AUQ 0.00% 3.7¢ alara resources limited

Zinc, page-9

  1. 15,859 Posts.
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    So they over lithium already?

    Here's a classic "timing" story for you...i made a mistake in 2014, bought into a titanium/lithium play (RDR, now NMT) after it bottomed out from a really long downtrend, rode it for a few points profit a few times, but basically gave up as it seemed like it was never going to get out of the 2-3c range. While the charts and fundamentals all made sense, there still wasn't much interest in lithium yet. So I guess i got in too early, because i just noticed it is now trading around 50c with a $270m MC.

    Once a metal is in favour, it changes everything.

    Here's a spooky comparison of NMT (top) and AUQ (bottom). Let's hope the similarities don't end any time soon. aunm.jpg
 
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