LPI (ASX) LPI Has the Best Pre-developed Lithium Resource on the Planet

Originally posted by inside2020 ↑

The lithium miners have stormed higher today

James Mickleboro | February 7, 2018 | More on: AGY AVZ EUR GXY KDR MIN ORE PLS

Whilst the market as a whole has bounced back strongly today thanks to Wall Street pushing higher, one group of shares in particular have stood out with big gains – the lithium miners.
Here is the state of play in the lithium industry during morning trade:

The Argosy Minerals Limited (ASX: AGY) share price is up 20% to 32.5 cents.

The Avz Minerals Ltd (ASX: AVZ) share price has climbed almost 17% to 28 cents.

The European Lithium Ltd (ASX: EUR) share price is nearly 8% higher at 21 cents.

The Galaxy Resources Limited (ASX: GXY) share price is up 11% to $3.20.

The Kidman Resources Ltd (ASX: KDR) share price is 9% higher to $1.85.

The Lepidico Ltd (ASX: LPD) share price has climbed 12.5% to 5.4 cents.

The Lithium Australia NL (ASX: LIT) share price is 12.5% higher at 18 cents.

The Mineral Resources Limited (ASX: MIN) share price is up 7% to $18.08.

The Orocobre Limited (ASX: ORE) share price has pushed 5.5% higher to $6.65.

The Pilbara Minerals Ltd (ASX: PLS) share price is 9% higher to 87 cents.

What happened?
It appears as though investors have flipped the risk-on switch overnight following the recovery in U.S. markets.
As the lithium miners are amongst the most risky shares on the market, they were heavily sold off during trade yesterday. But pleasingly for their shareholders, many of these shares have not only reversed these declines, but pushed even higher.
Should you buy the dip?
Whilst I am a big fan of some of these lithium miners and believe they have bright futures ahead of them, it is important to remember that they are some of the most volatile shares on the market. This makes them prone to strong gains in good times and sharp declines in bad times.

https://www.********.au/2018/02/07/the-lithium-miners-have-stormed-higher-today/

Expand

So here you go, this was my reply:

I am not too concerned not being on a Motley Fool article... That website is all about click bait and generating traffic. If you read the article it basically bags the entire Lithium sector as "too risky" and one paragraph later it encourages you to invest in the tech sector. It was probably written by guya99.

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Emerald & Azure score Digger & Dealer awards

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

TNC

LPI Has the Best Pre-developed Lithium Resource on the Planet, page-188

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Emerald & Azure score Digger & Dealer awards

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

True North increases silver metal at QLD's Vero deposit by 20%

Revolutionary inverter technology leads the clean energy charge

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Featured News

LPI Has the Best Pre-developed Lithium Resource on the Planet, page-188

Top Stories

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Emerald & Azure score Digger & Dealer awards

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

True North increases silver metal at QLD's Vero deposit by 20%

Revolutionary inverter technology leads the clean energy charge

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Featured News