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re: Diving deeper on Standard Lithium?

Posted on 9/30/20 at 10:19 am to
Posted by cgrand
HAMMOND
Member since Oct 2009
39224 posts
Posted on 9/30/20 at 10:19 am to
lesson #47 don’t listen to me
it’s up another 10% today LOL

I have to say I’m pretty pleasantly shocked. I’m up 50% on a small position
Posted by SmackoverHawg
Member since Oct 2011
27387 posts
Posted on 9/30/20 at 10:56 am to
They should be getting close to a release about the success of the conversion of the lithium they shipped to Canada for final processing. Canada closing the border has slowed things down.
Posted by Ballstein32
Member since May 2020
373 posts
Posted on 9/30/20 at 1:17 pm to
I've been following Standard Lithium since the first thread came up way back in the spring. Bought some at .79 and sold around .90 after it didn't really do anything for awhile. I bought back in at 1.01 and gonna hold long term now I think.

I wouldn't say I'm shocked at the increase though. From all accounts they have a really good thing going and with the US (and global) demand increasing I really think they can capitalize on how quickly they can extract the lithium chloride.

A concern of mine though, is why would tesla partner with a company like PLL to produce lithium for them but the mine in North Carolina won't be operational until 2022?
LINK /
This post was edited on 9/30/20 at 1:38 pm
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