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Started By
Message
Here's why y'all should be buying real estate in Magnolia, Arkansas
Posted on 7/20/23 at 11:59 pm
Posted on 7/20/23 at 11:59 pm
quote:
You should buy real estate in Magnolia, Arkansas.
Why?
Magnolia sits on enough lithium for Tesla to build cars for 38 more years.
Exxon just bought $100m of land there.
The population will more than double over the next 5 years as a result.
Homes are $150k.
LINK
This post was edited on 7/21/23 at 12:02 am
24
Posted on 7/21/23 at 12:01 am to rickgrimes
Is that the same Lithium they use to medicate for mental illness?
Posted on 7/21/23 at 12:01 am to rickgrimes
Richard Grimes
ReMax Home Team
Magnolia, AR
ReMax Home Team
Magnolia, AR
Posted on 7/21/23 at 12:02 am to H2O Tiger
OT detectives are awesome!
Posted on 7/21/23 at 12:22 am to rickgrimes
I wonder what the pros and cons of living on or near a lithium mine are.
Posted on 7/21/23 at 12:24 am to rickgrimes
Magnolia has the only authorized dealer of Omega watches in the state of Arkansas.
This post was edited on 7/21/23 at 12:25 am
Posted on 7/21/23 at 1:42 am to Jim Rockford
I went to a plant nursery in Magnolia some years ago,they had several oil wells on the nursery grounds.
Posted on 7/21/23 at 2:30 am to rickgrimes
Not sure I’m going to take investing advice from a guy that has “(Mobile Home Park Guy)” in his twitter…. Is the city / surroundings pretty at least?
Posted on 7/21/23 at 5:39 am to rickgrimes
Cheap property to build a competing mobile home park against the guy that said come invest here.
Posted on 7/21/23 at 5:45 am to rickgrimes
This is like when Boss Hogg wanted to strip mine Hazzard County. Pretty much the same thing right?
Posted on 7/21/23 at 6:00 am to LSU713Tiger
quote:
Not sure I’m going to take investing advice from a guy that has “(Mobile Home Park Guy)” in his twitter…. Is the city / surroundings pretty at least?
No. They have a steel mill I’ve had to got o for work.
It’s just country pines and fairly ugly- or at least not anything different than you’ll see in east Texas or NW Louisiana.
Posted on 7/21/23 at 6:02 am to rickgrimes
Lithium is highly water reactive.
You all gonna die when it rains!
You all gonna die when it rains!
This post was edited on 7/21/23 at 6:15 am
Posted on 7/21/23 at 6:29 am to Jizzy08
That was coal
Posted on 7/21/23 at 6:41 am to rickgrimes
BIL and SIL lived up there for a while because he was running the Albemarle Lithium plant. There ain’t shite to do in Magnolia, AR.
Posted on 7/21/23 at 6:44 am to go_tigres
quote:
There ain’t shite to do in Magnolia, AR.
That's why you drive to El Dorado
Posted on 7/21/23 at 6:46 am to rickgrimes
Wait a minute.. hold on.. you are advising people to buy property near a lithium mine?
Take a minute and google what happens in the process of lithium mining to power EVs that the greenies are boasting about being so green and ecologically beneficial.
Take a minute and google what happens in the process of lithium mining to power EVs that the greenies are boasting about being so green and ecologically beneficial.
Posted on 7/21/23 at 6:46 am to rickgrimes
Albemarle has a site there too.
No chance I’m moving to Arkansas though
No chance I’m moving to Arkansas though
Posted on 7/21/23 at 6:49 am to rickgrimes
There’s a place in Maine that could be the “Motherlode” of lithium deposits in NA but the state has banned open pit mining. There’s a family who could earn $2B if the regulations are changed
Posted on 7/21/23 at 6:51 am to GRTiger
quote:
I wonder what the pros and cons of living on or near a lithium mine are.
Doubt this news is targeted for people wanting to move there. It’s so people can buy up houses, reduce supply, and drive prices up while also complaining about Blackrock doing it.
Posted on 7/21/23 at 6:55 am to rickgrimes
WSJ article is where that info came from.
The formations with the lithium runs from south ARK/north LA, through central MS down to south AL and west FL. Could be a boon for the entire region.
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