LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

Should we sell and buy LPI?...
Funact,
Meh, I would not buy LPI just yet. Watch for a sign from Heaven... if BYD, Tianqi, Ganfeng, Rosatom (or even POSCO) starts buying heavy into LPI then I would try to pick some up. LPI still needs a powerful huge financial backer if they want to expand. For Americans you most likely can't buy LPI on the Australian Exchange, you will have to buy LTHHF on the OTC which will cost you $54 in "assisted" broker's fees instead of the normal $4.95 for each transaction. LTHHF is so thinly traded that you will go insane in a rush ever trying to sell any shares you might accumulate.

For us, buying MSB is the much better bet... I am still trying to figure out how to get a position in MSB.

There are 12 lithium miners vying for the Codelco lithium properties Click Here. Whoever wins that bid will likely start a quiet program to acquire our LIEG/MSB property to make it contiguous (or simultaneously operated as a cousin to their new Atacama property) to the Codelco property. Now if you magically could see into the future and pre-invest in that winning bidder (of the 12) then you will surely have a nice solid little gold mine in your portfolio.

The Doctor