AZL 10.0% 1.8¢ arizona lithium limited

Ann: 90% LITHIUM RECOVERIES FROM METALLURGICAL TESTING, page-185

  1. 6,604 Posts.
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    Those that have sold out are understandably nervous as to if they made the right decision.
    Those that sold today and are hoping for a pullback (which is a gamble) will naturally talk that book until they bite the bullet and re enter....
    at a lower or higher price is yet to be seen.

    The things that are driving this stocks rise haven't changed, IMO later today we finally got dragged down with the rest of the market with the end of week poor overall market sentiment. And the day traders taking the Friday profit.

    US lithium is still the host sector, Biden and his very ambitious and very achievable plans for the energy future of the US are still very much in the news. Over there he is the only news, it seems Trumps absence from Twitter and everything else has freed up an awful lot of airtime for a progressive and hard working President like Joe.

    The outlook for Hawkstone couldn't be brighter in this renewable positive Made in the USA pro environment.
    Hawkestone lithium will be mined, its easy as muck to extract and we are expecting more news at the latest next month. For those that haven't noticed next month starts next Monday so the clock is ticking.

    Ive ridden a few rides with Lithium and Rare earth stocks over the years and news in these kinds of stocks can come from multiple and unexpected directions. And when they run they run hard. Bottom line is this is just the beginning, those buying now are doing it at basement prices in a sector that is massively topical and growing quickly. We won't stop hearing about electric cars now. The US is embracing them, the Chinese are well on the road, the Europeans are all over them, even conservative leaning old Boris in Britain is embracing EVs.

    Our government here is dragging its feet but will soon look to be luddites if this country with is ample renewable industry advantages and raw materials/metals doesn't get more on board.

    But Australia is one percent of the world car market so doesn't matter to a US based company like Hawkstone. The US are the home of cars and car technology and knowing this as soon as the lithium extraction was a proven thing I was straight in buying this minnow as quick as I could.

    And then there is the gold.

    Don't lose your nerve this is as good as it looks and it is still at basement entry prices. Doesn't mean we won't see pullbacks occasionally like today but this still was an awful lot of near, medium and long term upside IMO.
    Last edited by tretchikoff: 30/01/21
 
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