General Discussion Topics, page-23318

I wanted to post this as part of my ABOVE ' Private Funding ' piece over the weekend but obviously it was already lengthy and involved on its own ,so I decided to hold it back.

But it is interesting as a backdrop to what seemingly was unfolding as another severe ' Red ' day in the resource sector with ALL the virtual heavyweights being down again for the 3rd or 4th session.

And I guess in no small part thanks to the ' Torpedoed ' French submarine deal which has put off-side not only the Geopolitical heavyweight in China but also managed to put offside or make feel uneasy some of our more traditional allies in obviously the French as well as the Kiwi's and Indonesians.

Hell, even the Canadian's were upset that they were not included which managed to make it almost an Foreign Affairs election issue only days out from their election at that time the news broke . So the Conservatives have taken this issue up to Trudeau's Liberals as some sort of ' non inclusion ' issue in the AUKUS and more turned it into a FUKUS....... ahead of their elections. So as it stands , it currently remains to be seen as to whether it will indeed translate into a ' FUKUS ' from the Candian's standpoint.

But overall, the effects and fallout of this ' scuttled French ' deal have in my opinion not been just a small effect Globally really. But before we go off all half corked believing the sky is falling on ALL things resources - just look at how they've bounced even today from being some 9+ percentage down to being only 3 or 4 % down. Even FMG !!

So when I prepared this content for inclusion in my ' Private Funding ' piece I was looking at the general performance as it was in regards to the continuing drop off in the I.O prices and in particular the bigger heavyweights like FMG ...BHP et al.

But what I found was that while RIO was only slightly better off than BHP , the signs were there that it may just have been on the verge of out performing it's immediate Mining rivals due mainly to its more advanced strategies and recent moves into the lithium and critical minerals mining and processing space.

And one of the reasons I felt that was a significant possibility was the fact that not only had RIO's SP been holding up better than say that of FMG and to a lesser extent BHP , but also because of the Type of Institutional Investors it had more recently attracted onto its register..

In fact only last week on the 14th September , they ( RIO ) had announced with a substantial shareholders notice that the Capital Group of Companies had become a significant holder with its 5.01% .

So we already know that the Capital Group is in the Top 10 holders of RIO ( PLC ) , but they are now sitting in around 4th on the Rio Tinto Limited Australian Top 20 behind HSBC ,JP Morgan and Citicorp in that order.

So this move is significant in my opinion as it highlights the connected posturings around the ' Elite ' investors in the Lithium space.

And the reason I say this is because the Capital Group Companies, which Includes Capital Research and Management Company based in 333 South Hope Street, 55th Fl, Los Angeles CA 90071, USA is ALSO the 2nd BIGGEST shareholder in Tesla with its 3,77% and 37,282,565 shares held and which stands only behind the Vanguard Group with its 5.77% and 55,664,512 shares.....and who is also the No. 1 shareholder in Albemarle where Capital Research can also be found as a shareholder and Vanguard No.2 shareholder in Livent as well.

So my point here is that the Lithium pedigree of Top Investors including JP Morgan with its ' Buy Everything ' Lithium are very strong connections to not only Lithium , but also Tesla as well as Quebec and what's happening with Lithium there overall including RIO's new metallurgical complex and high purity scandium plant in Sorel-Tracy Quebec or it's open cast ilmenite mine at Lac Tio near Havre-St-Pierre and where these TWO operations alone employ over 1,600 people.

So Rio with their Aluminium and Titanium together with everything else they have going on has significant pull and recognition from the Quebec mining Jurisdiction and that this should only follow then that some of these more Lithium bent Investors like the Capital Group should also show up on their register as we move forwards down this Energy Transformative and Decarbonisation of Lithium mining and processing together with the power ,storage , and recycling of these activities.

So I guess this is the sort of meaning behind someone else's comments today of ' Following the Money' . And I would sooner follow these Guy's Money ....Vanguard , Capital Group , JP Morgan , Palinghurst , St. Baker Innovation , and perhaps even Riverstone Holding LLC than take any recommendations from a drop kick blow in HC poster who coincidentally only opened up their Account last Friday and posted over 55 meaningless posts JUST today.