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Saturday, 10/21/2023 1:56:22 PM

Saturday, October 21, 2023 1:56:22 PM

Post# of 1498
Climber18,_I watched the_shoestring Miles Rideout_LIT video
on the slimy/icky snake-oil Proactive Investors channel yesterday click here and immediately had to take a shower after it finished so none of that slime had a chance to stick on me. After listening to this typical horseshit say-nothing but "we're going to be great, so trust us... and have patience" video I decided to stay as far away as possible from Argentina Lithium & Energy Corp (OTC:PNXLF). If Javier Milei wins the presidency then all these lithium projects doing business in pesos within Argentina are thoroughly completely focked until they can fully dollarize themselves which will take a year. You need to find a lithium (or rare earths) project already sanctioned to do all their business and sales in USA dollars within Argentina if you want to chance investing in Argentina now. I don't see anything that says/signals "buy me, buy me" just yet in Argentina Lithium & Energy Corp. In fact, I don't see any "safe" lithium projects anywhere that I would recommend just now. As far as Chilean lithium goes we need to sit tight, watch and see if S&P, Moody, BofA, etal further "downgrade" Chile's sovereign debt anymore/again... which will signal short-term very-painful immediate financial trouble for Boric for his final 2 years in office as "everything" will get slashed in his magic bullet "fiscal pact" budget. https://vnexplorer-net.translate.goog/economistas-y-cpc-abogan-por-un-acuerdo-politico-procrecimiento-para-evitar-una-rebaja-crediticia-s6298088.html?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp&_x_tr_hist=true
We also need to watch to see who Codelco is selling Maricunga to... which I think is going to be Aramco through Rothschild for which Codelco will take a 30% cut ("passive" non-controlling arm-length partnership) and say adios to all the upcoming Maricunga headaches. If this indeed is the upcoming "play" for Codelco (and the Gang-of-6/commies) then all other lithium enterprises in Chile including SQM & Albemarle is cursed for at least 2 more years.

If Aclara Resources Inc can get their brand new rare earth project in Brazil off the ground https://www-df-cl.translate.goog/empresas/mineria/minera-aclara-descubre-deposito-de-tierras-raras-en-brasil-100-veces-mas?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp then this will be a good project to invest in since Hochschild Mining from Peru will be supporting/funding it and they are rock solid. If the Brazil project gets rolling then I will posting something about it on the Aclara iHub board https://investorshub.advfn.com/Aclara-Resources-Inc-ARA-41730

The Doctor

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