From 88E forum. Interesting opinion. Lithium a no - go. Ex just...

From 88E forum. Interesting opinion. Lithium a no - go.




Ex just an observation re GXY...very familiar...have had an eye on them since 11c. They're copping an insto onslaught but difference is they're pure play lithium and think the stellar lithium runs may be done...it's an unknown market...lot of hype and constantly referred to as a bubble. Also they are testing previous gaps and the major one is around the 20c mark. Would keep that in mind if considering entry...feel sorry for those who bought in late...they're hurting.

88E easily distinguishable...it's oil and oil is in a rout. Flip to a shortage...or even a comfortable $60-80 a bbl ...get a decent flow on Ice2 (did someone say we had a JORC of nearly a billion...wasnt that rerated to 1.4 billion barrels?) Combined with upcoming seismics hopefullu highlighting good conventional... well WOAH! Also its the best kind of oil play vis land based.

Anyway no need to spell the virtues out...again. Point is in Oil I believe...Lithium?...not so much...jury is still out MT/LT.
Like the LIT story ...just wary of bubble side of things.
Cheers E