Rare Earth Minerals
Discussion
I bought them when they were still in the music business. 
Missed out on selling during their last big rise, so just kept them.
Will top-slice to get my initial investment back if they go over 2p, then just keep them and see what happens.
I'm not in for a big amount so not worried, and don't think I'll buy more unless they retrace below 1p again, then I might consider it.
There is talk of them taking a 49.9% stake in Mexico, and there is more news expected in a few weeks to do with tests or samples of the Lithium they have. They also have a stake in mines in Greenland which are due some news soon. I think...
Missed out on selling during their last big rise, so just kept them.
Will top-slice to get my initial investment back if they go over 2p, then just keep them and see what happens.
I'm not in for a big amount so not worried, and don't think I'll buy more unless they retrace below 1p again, then I might consider it.
There is talk of them taking a 49.9% stake in Mexico, and there is more news expected in a few weeks to do with tests or samples of the Lithium they have. They also have a stake in mines in Greenland which are due some news soon. I think...
Edited by JM on Thursday 29th August 16:09
Edited by JM on Thursday 29th August 16:09
Shambler said:
Wow you must be on a tasty profit!!! Do you think they will go much higher than 2p?
I think I bought when they were higher than what you paid. 
There is chat on some message boards of 4p, and even saw 6p mentioned this morning.
But I'd expect the price to bob between 1 and 2p till there is more news. Maybe even dip below 1p.
But the initial numbers from Mexico look very good. Though there may be a need to raise more funds and I'm not sure exactly how many warrants and option shares are still out there waiting to be exercised.
I'v also noticed that the Canadian partner company has after an initial rise when the Canadian stock market opened (and the were allowed to trade the shares again after trading was halted yesterday morning) this morning are now down 15%.
Bump!
I have just boight some of these as I had a stake in one of the underlying businesses (Bacanora Minerals) which has done very well, and I liked the idea of diversifying into other rare earth businesses.
With all the interest in electric cars, I do think that lithium producers could have a very good few years ahead of them.
Anyone else invested?
I have just boight some of these as I had a stake in one of the underlying businesses (Bacanora Minerals) which has done very well, and I liked the idea of diversifying into other rare earth businesses.
With all the interest in electric cars, I do think that lithium producers could have a very good few years ahead of them.
Anyone else invested?
CaptainSensib1e said:
Bump!
I have just boight some of these as I had a stake in one of the underlying businesses (Bacanora Minerals) which has done very well, and I liked the idea of diversifying into other rare earth businesses.
With all the interest in electric cars, I do think that lithium producers could have a very good few years ahead of them.
Anyone else invested?
Still unsure on this stock, im watching for nowI have just boight some of these as I had a stake in one of the underlying businesses (Bacanora Minerals) which has done very well, and I liked the idea of diversifying into other rare earth businesses.
With all the interest in electric cars, I do think that lithium producers could have a very good few years ahead of them.
Anyone else invested?
Why are you saying it is a good chance to buy? I have no idea about the fundamentals, but it doesn't really look good to me from that chart, unless you are saying it is quite a lot below the high? But the trends (to a non-expert) look to me that it will continue to fall surely? It would be approximately another 16% down from now to test the support just under 0.5 as the next "interesting" thing there.
Lithium is one of the three most abundant elements on earth. It can be found on the surfaces of many deserts and also recovered from salt water, i.e. the sea!
As someone who is heavily invested in Tesla and BYD and fully committed to electric transport, I don't think there's much money to be made in lithium long term, as it's so widely available.
As someone who is heavily invested in Tesla and BYD and fully committed to electric transport, I don't think there's much money to be made in lithium long term, as it's so widely available.
M3Driver said:
Lithium is one of the three most abundant elements on earth. It can be found on the surfaces of many deserts and also recovered from salt water, i.e. the sea!
As someone who is heavily invested in Tesla and BYD and fully committed to electric transport, I don't think there's much money to be made in lithium long term, as it's so widely available.
The issue is the cost of extraction. To be viable it needs to be very heavily concentrated and in deposits that are cheap to extract such as salt lakes and sands. As someone who is heavily invested in Tesla and BYD and fully committed to electric transport, I don't think there's much money to be made in lithium long term, as it's so widely available.
The fact that Litium is involved in this stock makes it look more like a penny share broker pump and dump as it is an easy story to flog to punters.
DonkeyApple said:
The issue is the cost of extraction. To be viable it needs to be very heavily concentrated and in deposits that are cheap to extract such as salt lakes and sands.
The fact that Litium is involved in this stock makes it look more like a penny share broker pump and dump as it is an easy story to flog to punters.
Sell, grab the 1500% profit and put it into self storage units and airport parking - how about Gatwick? The fact that Litium is involved in this stock makes it look more like a penny share broker pump and dump as it is an easy story to flog to punters.
What happened to the Park Place investments guy?Revisitph said:
Sell, grab the 1500% profit and put it into self storage units and airport parking - how about Gatwick? What happened to the Park Place investments guy?
Balls deep in CO2 offset bamboo forests. Or was that last year? What happened to the Park Place investments guy?Could be hotel room or student accommodation leasing? Building plots by the motorway are too last decade I suspect.
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