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05/11/17
11:32
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Originally posted by hoek67
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Biggest "problem" I now have is my GXY holding is > 90% of my portfolio. Been trying to not put all my eggs in the same basket but GXY IMO is a standout with so much potential.
6 months ago I commented that LPD and GXY should work together and basically it has happened which now makes my LPD holdings and GXY closer.
Lithium is the real deal, I'm not worried about fuel cells, gas or ethanol etc because at the end of the day they're still old internal combustion engine technology.
What Tesla did in re-inventing the car around an electric motor and non-friction braking paved the way to wean ourselves off oil.
Also, if we can make sure the lithium in all batteries is recycled then that would be icing on the cake.
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90% of your portfolio in GXy, that's confidence in the company though somewhat against conventional thought. I hope you are right.