Lithium the darling of the market in 2023. Today battered and bruised and some of the most shorted stocks on our market. Who is supplying the shares for them to be shorted? Two large elephants in the room, GR & CE. What's their game ??? Another lurking in the background WES, and perhaps RIO.
GR had a meeting with the Indian PM. It is rumored that she has agreed to supply lithium to his country. Where will she get the product from? GR has nearly a 20% stake in LTR, entitled to have a seat on the board , but hasn't requested one. She was buying at $3.00 per share, so I sold to her. I have since repurchased those shares, added to my FMG, and paid for 2 months in Canada and Alaska. The only mine ready to come to production this year is LTR. We have all witnessed what happened with DLI and AZS. Can anyone make any sense what the lithium market will look like in 3 months time, and what exactly do GR & CE hope to achieve.
