Advantage Lithium Corp. (fka AVLIF)

[MikeyInTheD]

Finally in the green after buying right before the last dip. I’m in at $0.83 and see this as triple potential in the next 18-24 months with some positive news. I think the downside is capped unless something happens with the partner contracts which I don’t foresee happening. We are approaching a catalyst with the news cycle for electronic vehicles and lithium batteries. Each time gas prices cross a psychological threshold the news will continue pushing the idea of electric vehicles. This should assist in again creating a floor under the stock and push the price to around $1.15 in the near-term. I personally don’t believe electric vehicles will reach mass acceptance until someone can produce a midsize SUV with a 350 mile range for under $40k. I still think we will see gains in demand for lithium but the tipping point that sends this thing to massive gains would be lithium prices moving higher or at least stabilizing along with better than expected production from the company.