Thursday, April 19, 2018 1:11:31 PM
It's certainly plausible and, when combined with the up tic recently in the whole sector, maybe probable. If it's just aberrational and not this month, then towards the middle of May, I'd expect a substantial PPS increase based on the PFS coming in June.
Which ever way you slice it, and while there will obviously still be peaks and valleys, the upward pressure on share price should continue to build with PPS rising - like trying to force a volley ball under the water, you can hold it down there for awhile, but it always pushes back up, sometimes explosively, skyrocketing out of the pool. To me, that analogy describes the current lithium sector (and the related cobalt sector). Production hasn't really increased much yet, but all the moves are being made to see that it does (including consolidation). And so it is with production plans for EVs and electric storage batteries and on and on for a wide array of lithium battery powered products/services. It's an exciting time for sure and I plan on being around with a buncha LAC shares when it all comes to fruition. Tic, tic, tic, it'll be sooner rather than later methinks IMHO.
GLTA. Regards, G8tr
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