2017 yearly stock picking competition

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soon a boom in lithium stocks? is that after they've gone up 5x in 2016 and then another 10x in recent months?
that's already two booms for exploration/mining companies that are years away from mining and just have a few holes in the ground, what more do you want?

[shasta]

soon a boom in lithium stocks? is that after they've gone up 5x in 2016 and then another 10x in recent months?
that's already two booms for exploration/mining companies that are years away from mining and just have a few holes in the ground, what more do you want?

I'm sure Troy is thinking of NMT, re lithium, market not really understanding there downstream projects. Could be huge, but I'm bias. Shouldve picked it in the comp!

[troyvdh]

Shasta.Correct.In no way am I an expert however me thinks that the "mkt" has yet to appreciate the ,not only NMTs downstream projects but the potential of AGY.
As I understand it reserves of Lithium are recognised as "limited" and that until a better or different technology comes along Lithium will be in demand-not only for cars but potentially many households around the world.

However being somewhat seasoned I fully acknowledge that the supposedly "perfect story" can also disappoint.There are numerous other factors that need to be included and often it comes to luck.
cheers troy.

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yup, luck is a huge aspect
I really enjoyed the book "Fooled by Randomness", highly recommended if you haven't read

[wizAlvin]

picton leaving south island soon.

[troyvdh]

Giday....you live on a boat yes...so you are sailing right.

[troyvdh]

gee what a boring site....just saying

[wizAlvin]

Giday....you live on a boat yes...so you are sailing right.

not this time, no.

[wizAlvin]

Palmerston North

[troyvdh]

Come on wiz...Am I great again ?