Wednesday, April 29, 2009

Lithium: Let's make this clear, yeah?


The following commentary does not apply to well-run companies such as SQM and FMC that are already producing and selling lithium as a minor part of their total revenues.

LITHIUM
INVESTMENT
IS
FOR
SUCKERS

So will you please cut it out with all the mails and comments about the sector? You don't know what you're talking about and this snake-oil is most definitely a case of a little knowledge being a dangerous thing for your back pocket. It's being promoted by dubious sources who are targetting suckers. Current supply easily covers demand and China is growing its internal industry far quicker than anything in the Americas. Finally and importantly, people who think lithium is the energy source of the future are barking up the wrong tree. You need to stop believing the hype and research the latest developments in battery technology. One you do you'll know what I know and you won't touch any of these BS scammy lithium juniors with a barge pole, either.

If you're considering an investment in a lithium junior you should also consider ingesting it on a daily basis to combat the mental imbalance that is manifesting itself. That clear enough?