Lithium Americas in rally mode as lithium prices seen continuing higher Mar. 21, 2022 3:56 PM ET Lithium Americas Corp. (LAC) Lithium Americas(LAC+7.8%)pops as lithium prices continue to climb on the back of strong demand from the automotivesector; share have jumped nearly 12% since the company reported a smaller than expected Q4 loss before the open on March 17. Benchmark Mineral Intelligence's mid-March assessment shows battery grade lithium carbonate averaging $76.7K/metric tons,up 10% in just two weeks and 95% YTD after trading at $13.4K/ton in March a year ago. Benchmark says it continues to hear reports that Chinese inventory levels for hydroxide, carbonate and spodumene feedstock remain very low, thus sustaining the high price environment. "Robust demand for material, and hence high prices, will be sustained in the near-term, with expectations that the seasonal recommencement of supply from domestic Qinghai brines in the coming months will provide little relief to the growing market deficit," according to Benchmark.
Trump Wakes Up- Just a few days ago this guy tried the Putin is a genius method of describing the events in Ukraine. Today a sudden and drastic shift. His advisors got in his ear no doubt... This is not good for those of us that do NOT want Trump back but it is good this foolio finally saw the light. Or did he? lets hope he did. Former President Donald Trump said that Russian President Vladimir Putin appears to be a different person than he was when Trump was in charge. "He's a different person than he was," Trump said in an interview on Fox Business. "He just doesn't seem to be the same person I was dealing with." "The fact is what he's doing is a human tragedy," Trump said. "There has not been anything like this, in a sense maybe ever, but certainly since World War II." Trump said that if Putin mentions the nuclear word one more time the U.S. should say "we are going to send them (submarines) over and we are going to be coasting back and fourth, up and down your coasts," Trump commented during the interview. "You can't let this tragedy continue. You can't let these thousands of people die."
Ted... Ted I hope you listened to stoney... (NRSN) 4.9450-1.2850(-20.6260%) As of 09:36AM EDT. If Not just watch this you will feel immediately better-
Going back through and digging up some of the Lithium Ideas we talked about outside of LAC.- A) Frontier Lithium Inc. (LITOF) 2.2000 B) Standard Lithium Ltd. (SLI) 7.1600 C) Sigma Lithium Corporation (SGML) 12.97
SCOOP & SCORE CRS! Carpenter Technology Corporation (CRS) 41.67+2.18(+5.52%)<-------------- As of 09:50AM EDT.
Wrap up-- Gym day/ Tax crap / Folks I have a name that should be working better. All of these commodity plays I have used STLD, AA, etc... they raise prices the way Carpenter did today.. I have one that has raised prices THREE TIMES and the sk still has not moved meaningfuly-!! This is what happens when you have No analyst coverage.... USAP BUy IT WHILE YOU CAN! Universal Stainless & Alloy Products, Inc. (USAP) 9.93+0.39(+4.09%) As of 09:51AM EDT. Someone is bound to cover this name at some point...
FedEx Corporation (FDX)- Nice to have lowered the bar so and be right back to where we were... ! 226.43+4.27 As of 10:03AM EDT.