this seemed to reinforce what many suspected,that a tie-in with TESLA may be going on and an announcement could come at anytime.With the money they have I think they could help accelerate an extraction programme.DL has always spoken about REM and the Lithium like it's the Holy Grail.I suspect for many it will be
I think it was a tweet regarding UKOG when he inadvertently used the number 3 instead of 2 in relation to oil/gas reserves at HH.He then got some abusive posts from someone who seems to stalk him on Twitter,a medium I neither understand or use!!
Yeah, you nailed it there James, that was my view as well. The speed at which some of the 'loftier' voices on LSE turned on him was absurd and unreasonable, he did the right thing and took himself out of the bunfight
Just got on the train there, plan to go long, also in LGO, and a point to mote about DL TWITTER, I don't think it was to do with LGO, I believe (and correct me if I'm wrong) it was more to do with his HH drilling programme and he typed something about 3D when it should have been 2D and a few people picked up I this right away, made it known that they thought he was telling porkies, when all it is was a typo error, we all do it, but this made a massive difference to the perception of the shares future I believe and to stop any problems, he's offski
I think it's more the market getting over it's "perfect storm". Rem were 1.35 two weeks ago and 1.6 four weeks ago, the drop had little to do with rem, just the market having a jitter and punters panicking and selling their riskier shares. Now the confidence is coming back and we are creeping back to where we were before.......I can see 1.35 probably tomorrow and 1.6 mid next week. I'm sure the midas tip accelerated our last few days to some degree and may take us even higher than before...all in all it's nothing but good, just wish I had some more cash to put in now!
andrbea .. yes read that with a lot of depth .. it was a lot of information to take on board ? and the effects it would have on the players in the game ? my calculator ran out of battery ? should have bought a lithium one ? lol
Both sp's have increased by similar percentages the last 3 days. We know that the Midas tip was responsible for yesterday but what about Friday and today. WLC and BCN Canada were also up yesterday. Wonder if there is something going on behind the scenes in the lithium sector. With the ever increasing demand for lithium based products,perhaps the lithium sector is starting to show it's full potential.
The regular newsflow coming out of Nevada will drive the interest in suppliers of lithium IMO (for the 1st ... and 2nd gigafactory?). WLC looks best placed, and the intercontinental rail connection to Sonora looks handy too.
recent article: Panasonic USA Hiring for Tesla Gigafactory Posted: Oct 16, 2014 10:20 PM Updated: Oct 16, 2014 10:20 PM
Panasonic USA has announced it is hiring for more than two dozen positions at Tesla's gigafactory in the Tahoe-Reno Industrial Center.
The positions, posted earlier this week on Panasonic's website include manufacturing supervisors, finance managers, production engineering managers and more.
Tesla's $5 billion Storey County battery factory is expected to create 4,000 construction jobs, employ 6,000 permanent workers and bring in an estimated economic impact of $100 billion over the next 20 years.
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