Related: LIX Lithium 'frenzy'

https://www.biv.com/article/2016/4/tesla-driving-frenzy-lithium-resource-sector/

Lithium X (TSX-V:LIX) shares spiked more than 1,200%, from $0.07 to $0.95 per share on February 18, following the news that it had acquired a lithium property in the Clayton Valley in Nevada...

Despite owning stock in a junior gold company that recently jumped on the lithium bandwagon – Vancouver’s Nevada Sunrise Gold Corp. (TSX-V:NEV) – Fulp has not succumbed to lithium fever.

“There’s no doubt it’s a bubble,” Fulp said. “I don’t think there’s going to be half a million electric vehicles sold in 2020. Musk has missed every projection for car sales.”

Goldman Sachs is more bullish on lithium, calling it “the new gasoline.” It predicts increased penetration of electric vehicles will boost the global demand for lithium 11-fold by 2025.

Even if the lithium space becomes a flavour-of-the-month investment, that doesn’t mean there isn’t money to be made there.

“You can make lots and lots of money playing bubbles, but you’ve got to foresee the bubble coming, you’ve got to get in early, you’ve got to pick the right company,” Fulp said.

“There’s certainly companies that are going to exploit this lithium bubble and do quite well.”