Perhaps true to some extent.....
However, I posted the below only a few weeks ago.. (I entered a pile of (ASX only) PM companies in a chart watch list.)
I'll give an update...
Instead of ' 3 or 4' (out of 270+) looking interesting at the beginning of July,, it might be more like maybe a dozen or so, now..?
So not exactly an avalanche,, but there is definitely more action.
I try to remember that we're at the coalface...
Picture you're in a tree house fire lookout above the trees.
You can see some smoke far in the distance, and get a little excited..
Folks on the ground (mums and dads, and tired lithium frothers) see, smell, feel jacksht at this stage.. Give them some time to get involved.
It's just the very beginning of what should be a medium/long term trend for a few years.
Plenty of time to make some money.
Of course if you're nimble, you may make some quick money... but I found in the Lithium space just a year or two ago, there was plenty of time to take a position, and let a little time do some work for you.
DYOR
(image of the tree lookout courtesy Parks and Wildlife Services, WA - Pemberton)
What do the folks on the ground see?
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Price($) | Vol. | No. |
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