"It is hard to feel too sorry for those foolish enough to invest in projects that are over 2,000 km from a port in a war torn African country with limited infrastructure or those that think they have found a “brine messiah” to resurrect a previously failed project in South America or those who think any company in WA that finds lithium in a drill hole is the rapid way to wealth. In any case for some reason I feel obligated to warn the lambs on their way to slaughter. The majority of these lambs seem to live in the merry old land of Oz."
More than 300 companies now carrying "Lithium" in their name with 99% of them jumping on the L-word bandwagon at some point during the last 30 months. The least thing the world has been waiting for is a failed "world class" tungsten hopeful to become the 347th "L" play.
CNQ Price at posting:
1.2¢ Sentiment: Sell Disclosure: Held
