Go on to Wikipedia and search for the "Poseidon Bubble: It's not the Poseidon of today, but in 1969 it led to the start of the nickel boom which led to the stock rising from around $1.20 to the high $300s. I'm not suggesting for a moment that lithium is another boom commodity like nickel was then but posting to show what can happen to a share price once the market grabs hold of it. From memory, beware when waiters and jockeys start talking about it.
Ann: High-Grade Lithium Intersections at Carlton, page-51
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