NLC - This one is for my long term investors (10-30 years)
This is a Warren Buffet style, buy and hold long term investment opportunity that is brewing.
NLC is the Canadian ticker for Neo Lithium.
They are involved extracting and using lithium which will be used for EV car batteries in the future.
As Electric replaces fuel cars, Lithium becomes the new oil. So think, 10 years, 20 years, 30 years from now. This becomes really important.
Me personally, I like swinging trades, so I would follow this constantly jumping in and out based on the chart and news.
But for those who like to buy and hold and not bother with the noise, this is a great opportunity.
One of the biggest risks facing this industry is that Lithium is heavily concentrated in Central American countries (think like Oil is concentrated in Saudi Arabia, etc) and once those countries start to realize how important what they are sitting on is, they will want a big piece of the pie.
NLC is the Canadian ticker for Neo Lithium.
They are involved extracting and using lithium which will be used for EV car batteries in the future.
As Electric replaces fuel cars, Lithium becomes the new oil. So think, 10 years, 20 years, 30 years from now. This becomes really important.
Me personally, I like swinging trades, so I would follow this constantly jumping in and out based on the chart and news.
But for those who like to buy and hold and not bother with the noise, this is a great opportunity.
One of the biggest risks facing this industry is that Lithium is heavily concentrated in Central American countries (think like Oil is concentrated in Saudi Arabia, etc) and once those countries start to realize how important what they are sitting on is, they will want a big piece of the pie.
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