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Re: biff2 post# 278

Tuesday, 09/13/2016 11:28:09 AM

Tuesday, September 13, 2016 11:28:09 AM

Post# of 540
While this is certainly possible with some Juniors, IMO the problem here is simply a lack of information. None of us know enough about the quality of these properties to take any kind of risk with the stock.

Getting mining rights in Nevada is going to take longer than many traders want and getting actual lithium products to sell will take even longer. The juniors are years away from seeing their product in a battery.

And one other point: Tesla's not buying lithium. They're buying batteries. Panasonic is buying lithium. The Gigafactory is being used by Panasonic engineers to fabricate all of the components (anodes, cathodes and electrolyte) in one building. Once Panasonic manufactures the 18650 batteries Tesla assembles them into 6s74p battery packs for cars and Powerwalls.

My observations are forecasts, not predictions. Your weather may vary.

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