It's not a race? Seriously are you telling me our boat is doing...

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The Dean

13,398 Posts.

1236

04/01/17

16:30

Post #: 21678137
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Originally posted by Rlith ↑

Seriously it's not a race. I own several lithium companies and trade in and out of ALB, SQM and FMC. Love the little LAC and the joint venture with SQM to become a great brine play. But as you should well know every company has its own thorns. The majors loose money on ag divisions and dilute their Lithium potential earnings. LAC has no cash to develop, but I hold them as a wild card hopefull. If they don't make it I know the risk of my investment.

We all know the different stages the ASX companies are in and you need to dig deep into the permits, water and funding to be investing in any of them. I, like most of the other GXY holders, saw that other companies were missing some of these key pieces. It doesn't make them bad investments or GXY better. All investments are risked based. You buy as someone else sells, no need for hostilely. If you were promoting coal or oil over Lithium now we might get a little debate going

The demand for Lithium is expanding every week, and a rising tide lifts all boats. Even if some of those boats don't run. I for one want to be on the boat that can steam out into open waters and make its fortune

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It's not a race? Seriously are you telling me our boat is doing the old "slow-steaming" trick going to China? I've heard of the slow boat to China but give me a break. So many Mad Mac months of trying to push and will the day of sail to come to find out it's not a race. Perhaps you meant to say "it's not a race any more".

Last edited by The Dean: 04/01/17

GXY Price at posting: 55.5¢ Sentiment: Buy Disclosure: Held
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