InvestorsHub Logo
Followers 7
Posts 7770
Boards Moderated 0
Alias Born 03/05/2014

Re: None

Friday, 11/03/2017 1:41:04 PM

Friday, November 03, 2017 1:41:04 PM

Post# of 2131
Reuters is saying Codelco is set_to_pull-the-trigger_in_March_2018
on choosing their Lithium partner Click Here for update. Interesting timing I must admit.

It is also interesting that the state mining minister is now saying that Chile is sitting 7.5M Tonnes of lithium in brine deposits.

If Codelco in March 2018 were to somehow short-circuit Maricunga NewCo JV in this process then I would venture to say our fair-weather-only Aussie friends/associates will be saying adios amigos to us... after all, the Aussies have been suffering all the heavy lifting whilst we Chilean peons sit on our backsides doing nada Click here and things could indeed look bleak if Codelco doesn't include NewCo JV in the "deal".

I suppose if we were flying 30 freeloading, self-proclaimed investors/brokers from Australia into Santiago on a mid-October junket to walk on the Maricunga Salar for 10 minutes "WE" two Latino inactive peasant JV partners could then claim we were doing/sharing some "heavy lifting" also.

I have a second house in Santiago. It looked like all these freeloading, self-proclaimed penny-ante investors/brokers were more interested in sampling our gorgeous young Santiago women and the free booze back at the hotel rather than "opening their fake Corinthian-leather plastic wallets" to invest in our JV. For most of these freeloaders this junket was their first opportunity to "interface" with a real woman (retail female investors wink wink) which is 10 steps up the ladder from those hairy-armpit lumberjack Aussie women (retail female investors wink wink) back home in Australia.

I hope these Ozzie rummies bail out in March 2018 after withholding our $7.5M... I say good riddance to the whole lot of them.

The Doctor

PS, REAL investors/brokers fly into Santiago Chile on their own company jets on their own dime searching for lithium investment opportunities... I see them landing in their flashy private jets everyday now with Pinera looking to sweep the upcoming presidential election in the first round.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.