One aspect that held me back from this stock was the sovereign risk - let's face it, South American pollies are just about all total nutters, and the current crowd in Argentina have already shown signs of loopiness. It says something when the most rational and pragmatic political leader in all of South America goes by the name of Lula.
However having about half of the known lithium resources located in Bolivia makes ORE's sovereign risk in Argentina look, relatively speaking, positively Scandinavian. Hmmm, when's the next revolution due in Bolivia?
ORE Price at posting:
24.8¢ Sentiment: Hold Disclosure: Held