LRS 4.65% 22.5¢ latin resources limited

Highly overvalued, page-37

  1. 375 Posts.
    Galaxy Resources Limited, Orocobre Limited, Pilbara Minerals Ltd, Kidman Resources Ltd, Neometals Ltd, and Altura Mining Ltd will all be in production in the near future not to mention all the brine in South America, Canada and the lithium that is going to come on market....imo this will be like nickel when it was smashed from 22 thousand a ton to 8000 a ton in a matter of weeks when supply was dumped into the market. Nothing lasts for ever and the market knows this. As for copper it will never floor the market and demand will always be steady so I'll be watching the Copper JV closely and would be looking at entering again only a capital raising and consolidation.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.