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- 11 October 2010
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I've being researching Lithium recently. The talk is that Lithium will be used extensively as a power source for new tech cars and be similar price as oil.
An American company Li3 hold a significant number of licences in North and South America. And there is talk of a boom in the price of Lithium.
Apparently Lithium can be easy or difficult to extract and Orocobre's resource in South American falls into the easy category with the added bonus of good access to transport infrastructure. Hence Toyota's commitment.
Any comments on where the stock price might end up?
There's a heap of other companies heading south from RIO to NMS. ORE has just been caught up in an out going tide. However it is up 2.9% today. Worth buying at this price.Sp being hammered at the moment.................might be the right time to get in
Any thoughts as to why the sp is heading south?
Lithium looks like it might have a future over IO etc. Maybe the better commodity to be chasing these days.
Article in one of the news papers ramping it up.
Anyone holding / researching?
Certainly got a move on in the last couple of days, but alas, without me I might add.
Cheers
Country Lad
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