Tuesday, October 20, 2009

Lithium

Okay, so I check out that stock that's supposed to "triple in five days" and it's a company that mines lithium (in Nevada).
Lithium? Is that good?
AHA!
Lithium-ion batteries, the energy source for the 21st century, eh?
So I look at Canadian companies that mine Lithium.
(Investing in U.S. companies and I get screwed hurt by the exchange rate.)
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YES! I find Western Lithium Canada
... up 322% over the past year.
It's (gasp!) drilling lithium in Nevada.
Take a look at the past 5 days:

So I put in my order this morning. Now what?

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Warren Buffett bought a big stake in a (surprise!) Chinese Electric Car company.
That stock has grown (about) 500% since last year when he bought it.
Don't these cars use lithium-ion batteries?
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I reckon it's time for me to larn somethin' 'bout lithium, eh?
Click!

Then, too, I should check some charts.
Click!
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Then the next great things are Vanadium batteries
... and Western Lithium is acquiring a Vanadium mining company in Nevada.


 

2 comments:

  1. Evidently, Coffee is rarer than Lithium, lol

    Check out the 1 year chart of Diedrich Coffee, Inc.(DDRX).

    ReplyDelete
  2. Wait till them hybrid gas/coffee cars come on the market, eh?

    ReplyDelete