Lithium Stocks – updated recommendations

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Hi! In March of last year, Mathieu wrote a great article on the top lithium stocks. I am wondering if you would update your view on lithium stocks based on the impending roll-out of 5G networks, as well as the continued growth of EV. Thanks!

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Asked on October 9, 2020 4:16 pm
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Thanks Mathieu! I'm loving the Premium membership content. Keep up the great work!

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Posted by Marcus Hall
Answered on October 13, 2020 3:51 pm
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Hi there,

That was a very difficult article to write. Why? Because the industry is filled with small caps which are considerably volatile. I double checked that article and to be frank - not much as changed. Lithium of Americas (LAC) and Orocobre (ORL) remain two of the top players on the TSX. ORL actually acquired Advantage Lithium (AAL) in early 2020.

Millenial Lithium (ML) recently received permits for construction of its Pastos Grandes Project, Salta, Argentina. This is good news, and is likely why its price spiked in a big way late summer.

Neo Lithium (NLC) has seen a big investment by China's CATL which will enable it to develop its mine in Argentina.

Standard Lithium (SLL) recently opened its LiSTR Direct Lithium Extraction facility. Once again, this proved to be a nice catalyst for the stock.

Bottom line - this is a tough industry to invest in as it currently trades on momentum. Given the recent increased interest in EV and 5G, the industry is catching a bid. However, it remains highly volatile and carries considerable risk.

Mat

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Posted by Mathieu Litalien
Answered on October 10, 2020 7:28 am