Club Mulgoa

Wednesday, May 23, 2018

BGS

This mining stock is high risk.  But why should it be a high risk when it is uncovering more and more lithium?  Well, it is uncovering the deposit in a sub-Saharan country.  However, when it becomes very obvious that the deposit is too huge to ignore, the Chinese will move in.

Already, the Chinese are controlling the supply of cobalt in Congo.  And putting in a lot of effort (in controlling) lithium from Latin America.

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