Bacanora Lithium Share Discussion Threads

[robertjt] 17/3/2019 22:18

Another great article (6 months old) which gives scale to the opportunity here:

Www.themazatlanpost.com/2018/09/17/sonora-mexico-compete-for-world-lithium-suppliers/

Particularly like the comment that the mine would probably make the company the fourth largest producer in the world, and that there are 300 years of lithium carbonate reserve!

[j0sekl] 16/3/2019 18:19

It changes nothing, they would be obligated to inform the market of potential stake building

[robertjt] 16/3/2019 15:00

This is not about a take over, it's about financing the project. That's where the value is.

[j0sekl] 16/3/2019 14:32

They would not release a statement if they were receiving interest, and not mention so.

If there is an approach they are obligated to inform the market as it is price sensitive. Or they release no statement at all.

If they were playing hard to get they will mention it and simultaneously reject the supposed offer in public.

[robertjt] 16/3/2019 11:00

This is one of those shares that as long as they finalise the funding of the project then sit on them and watch them grow. Long term growth potential is huge.

[jotoha2] 16/3/2019 10:23

J Casey , do a bit of research , Nissan is in the process of building new Battery process plant based on Lithium technology , it is envisaged that the plant will supply the companies needs for the next 30 years , now that is forward planning!

[jack1236] 16/3/2019 08:32

JohnCasey

The 'markets' don't work on a 'what if?' rational; they work on a 'certainty' rational;
'batteries' need lithium that's a 'certainty'. The markets 'need to know'.

[robertjt] 16/3/2019 07:23

So you are clearly shorting this and your strategy is on the basis that even though everyone is using lithium in electric power technology you think that will change.... good luck with that!

[johncasey] 16/3/2019 06:28

because technology changes..what if the next battery material doesnt need lithium and this is just a pump and dump?

[johncasey] 15/3/2019 21:36

strange kdnc selling out of BCN...think this will plummet monday now

[babbler] 15/3/2019 13:16

25p seems to be sticking point at the moment. Double area for some so let the profit takers go then another nice rise. imo

[letmepass] 15/3/2019 12:33

Kdnc didn't drop as much either. SHORTS CLOSING it looks like.

[adobbing] 15/3/2019 12:20

Cadence Mineral LSE:KDNC still own a large chunk of this company (Bacanora) and the wider resource itself.

The KDNC share price hasn’t seen the same increases of BCN recently, yet by definition has increased in value, due to the increase in value of it’s stake in BCN.

[robertjt] 15/3/2019 12:11

for those that need a brief overview of the opportunity and how much work has already been completed:

www.bacanoralithium.com/cms/wp-content/uploads/2019/03/The-BCN-Presentation-March-2019-1.pdf

[robertjt] 15/3/2019 12:00

All the small day traders exiting this morning. Should re balance this afternoon

[babbler] 15/3/2019 11:17

with every seller there is a new buyer looking for profit at a higher level. Let them sell its damn hard to buy at best of times so helps liquidity...

[cl0ckw0rk0range] 15/3/2019 09:47

With possible takeover in the wings wouldn't prefer to be in than out!

[jotoha2] 15/3/2019 09:36

Cut your losses and run your profits ! Most people do it the other way !

[cl0ckw0rk0range] 15/3/2019 09:27

With a potential takeover bid on the table it's going to make sellers look rather foolish.