MTL 0.00% 0.3¢ mantle minerals limited

This is just the beginning of something so great, page-83

  1. 1,529 Posts.
    Seems he was just impatient ..or a weak-kneed speculator. Over the course of what will be a prosperous investing career for investors, the market will rise and fall. Recessions and booms will happen. And all the while, you must stay focused on the long term. Fear is never a reason to sell.

    Lithium today, no one is scoffing, and lithium is being viewed as our new super-mineral that will catapult us firmly into the next century.Electric vehicles will be the rule rather than the exception; and lithium the number one commodity of our time.

    Tesla Motors (NASDAQ:TSLA), Nissan Motor Co. (OTC:NSANY), Hyundai Motor Co. (OTC:HYMTF) and Volkswagen AG (ETR:VOW3) are all putting out EVs, and Ford Motor Co. is planning to invest $4.5 billion over the next four years to develop an amazing 12 new EVs and hybrids, according to the WSJ.

    Close to home—and close to the North America EV center stage—there’s nowhere else to be but Nevada, which has the only brine-sourced lithium in the country and has strategically positioned itself to be the front line of the American energy revolution.

    The ‘gigafactory’ state is now the scene of the hottest activity since the California gold rush, and the new entrants are scrambling to stake their claims around the only producing lithium mine in America--Albermarle’s Silver Peak Mine.

    Musk would agree. When he cut the ribbon on the new gigafactory he noted that he alone would use up most of the world’s existing lithium supply.

    “In order to produce a half million cars per year…we would basically need to absorb the entire world’s lithium-ion production,” Musk Said.

    And that’s just one man, one brand of EV and one gigafactory. The race is indeed on to be the first to get at new lithium supply—and there is every reason to be bullish on the new juniors who will disrupt the entire market.

    Anyone who successfully sucks out untapped lithium brine in Clayton Valley and turns it into a valuable product used in batteries could become incredibly wealthy

    CAD has positioned itself just down the road from Tesla well positioned to make an impact..CAD only needs 1 or 2 of their Tenements to make a find and the sp will show the upward results of that..Drilling is close ..imo if you've stuck it out this long you would be crazy to sell just before drilling..to each their own though..some can see the future others are blind to it ..some are patient others aren't... DYOR.
 
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