From my wide reading of discussions of shorting on these forums and reading appendices on substantial holders, I have not doubt UBS wins by issuing bearish target prices.
My take on the current weakness, ORE has come out with an exciting results with their brine operations, expansions plans with a CR and trading halt till tomorrow and as a big first mover has thrown the cat amongst the pigeons.
Once it all settles down from tomorrow onwards, we should see GXY and other first movers with excellent projects start to recover. The demand from lithium is strong and will continue to over the next 3-4 years and supply has a long way to go to catch up.
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