InvestorsHub Logo
Followers 0
Posts 56
Boards Moderated 0
Alias Born 06/30/2017

Re: None

Thursday, 01/18/2018 11:42:05 AM

Thursday, January 18, 2018 11:42:05 AM

Post# of 10481
The whole lithium sector is red today. The hit Lithium Americas has taken today has little to do with anything having to do with them individually and much to do with this malicious myth being propagated online by entities that are short lithium companies worldwide, which is falsely claiming that there will be a lithium supply glut/oversupply because of the recent news about Corfo and SQM reaching a deal, Orocobre doing Phase 2 development, and three Australian miners (Altura, Pilbara, and Tawana) coming online this year. THERE IS NO OVERSUPPLY. The vast majority of battery and auto makers have NOT signed off-take agreements with ANYONE yet, and don't even get me started on how the Power/Energy Storage sector's need for lithium hasn't even been accounted for yet.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LAAC News