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» Financial brahs...is mining (lithium etc for car batteries) share smart? Srs 130k
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post 1679145803 03-17-2023, 07:27 PM
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  1. AVOJAMACADA
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Financial brahs...is mining (lithium etc for car batteries) share smart? Srs 130k

In general due to literally having goverment policies over the long term,is it smart to get shares now in said mines?

I mine for myself (gold) and know the value as its climbing etc but on paper ive been thinking about the battery industry.

I know fukk all about shares and all that side of things but yay or nay?
Habit is powerfull and custom can Kill.

Niceness FTW.

VEGhed #444.
post 1679145863 03-17-2023, 07:30 PM
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  1. mr.left hook
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Originally Posted By AVOJAMACADA
In general due to literally having goverment policies over the long term,is it smart to get shares now in said mines?

I mine for myself (gold) and know the value as its climbing etc but on paper ive been thinking about the battery industry.

I know fukk all about shares and all that side of things but yay or nay?
they just found some in Mexico and the US wants it
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post 1679145873 03-17-2023, 07:30 PM
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  1. gmenfan40
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Yea dude, hire some africans in the Congo and have them dig for lithium for pennies. You'll be rich in no time. (Ded fkn Srs)
post 1679146043 03-17-2023, 07:33 PM
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Originally Posted By mr.left
they just found some in Mexico and the US wants it
Well tied to north american government mandates,the hunt is on for reserves im sure.
Habit is powerfull and custom can Kill.

Niceness FTW.

VEGhed #444.
post 1679146053 03-17-2023, 07:34 PM
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post 1679146273 03-17-2023, 07:40 PM
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I think sources from North America and countries who have free-trade agreements with us will end up being pretty lucrative, the Inflation Reduction Act has a decade worth of tax incentives geared towards pulling the battery supply chain out of China/North Korea/Russia/Iran and I'm betting those sources from friendly countries will have increased pricing power for that reason.

Got no clue about companies or valuations though. I know there's a company in Quebec who did a deal with Tesla recently, and Australia is one of the bigger lithium producers outside of Asia.

I'd also be considering other critical battery minerals, graphite will likely be a big one and China/North Korea together currently control something stupid like 95% of the global market
post 1679146673 03-17-2023, 07:50 PM
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  1. Schnitzl
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Originally Posted By Destor
I think sources from North America and countries who have free-trade agreements with us will end up being pretty lucrative, the Inflation Reduction Act has a decade worth of tax incentives geared towards pulling the battery supply chain out of China/North Korea/Russia/Iran and I'm betting those sources from friendly countries will have increased pricing power for that reason.

Got no clue about companies or valuations though. I know there's a company in Quebec who did a deal with Tesla recently, and Australia is one of the bigger lithium producers outside of Asia.

I'd also be considering other critical battery minerals, graphite will likely be a big one and China/North Korea together currently control something stupid like 95% of the global market
i was in graphite stocks 2 years ago (Noueau Monde Graphite) that was claimed to be the next big things due to EV-s. The price was $25CAD back then, now it's $6.67. I got out without taking much damage but right now is a pretty hard sell to be in any EV related stonks. I have been following some smaller players in the Lithium industry that are in the Argentinian lithium mines next to whales like Rio Tinto who has been buying up land and smaller companies there. I think the last deal they did was for around $800 mil to grab some more land but in general, it's way too early to tell and a strong gamble.

One of the ones I'm eyeing are Argentina Lithium & Energy but it hasn't moved anywhere yet. They have large plots of land right next to Rio site. Argentina has some of the largest Lithium mines in the world and China is all up in it as well but who knows when the boom will start, could take 5-10 years.
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