Bacanora Lithium Share Discussion Threads

[the brex pistols] 14/11/2016 20:58

I'm with you on that Donald. Stonking Buy here on the charts.

[donald trumpton] 14/11/2016 13:00

The Chinese are getting desperate, and they won't be the only ones.

I'm BUYING Bacanora stock TODAY/right NOW.

[qackers] 14/11/2016 09:03

hxxps://www.businessnews.com.au/article/Just-give-us-the-Lithium-say-Chinese

Doesn't want to copy and paste but essentially says that Pilbara minerals have signed a deal to send ore with 1.5% Lithium (instead of concentrating it to 6%) to Lithium carbonate manufacturer in China so they can have an early supply.

[simonsaid1] 11/11/2016 10:38

Lithium plays are always like this, they oscillate wildly. BCN are well-positioned for long term gains (some of that was already priced in when we were at 90p+ but still), but having such long term horizons makes the stock prone to 'drift'. BCN will likely benefit from a weaker peso, and nothing has changed with regards to the future lithium market or the viability of BCN's projects. Just seems investor sentiment in uncertain political times leads people to more 'safe' domestic stocks, and away from speculative and forward-looking plays like lithium.

[jimmmy] 11/11/2016 09:57

thought it would have recovered back to my 83 buy price of a few months back, but as usual for me got it wrong again, can only wait and see I suppose

[temmujin] 10/11/2016 06:43

if they build a wall it will keep the cheap labour inside mexico to dig out the lithium

[parthus] 10/11/2016 00:42

There is a wall there already...soooo....

[ifthecapfits] 09/11/2016 15:53

Nice recovery.

[marvelman] 09/11/2016 08:55

Yes, the uncertainty of an anti Mexican Trump win has surely been weighing on this share. Now the reality is here, albeit not the result shareholders would have wished for,the actual intrinsic value of this asset should become the focus again.

[adobbing] 09/11/2016 08:36

Back up we go !

[rwauu] 09/11/2016 08:27

Down 5.5%! I hope this makes fat guy happy!!! Wait till they build a wall. might collapse to 0!

[rwauu] 09/11/2016 07:59

Howz is that lithiumz will get trough Mexico- USA wall??? no chance!!!

[ifthecapfits] 08/11/2016 10:48

This one has been on my watch list for some time. Given the recent pull back I have taken an initial modest position.

[dosser2] 08/11/2016 10:41

As long as Clintons not the main threat..

[dosser2] 08/11/2016 10:41

As long as Clintons not the main threat..

[simonsaid1] 08/11/2016 10:35

I've bought at today's super low price, hoping to ride the Clinton optimism wave tomorrow. Anybody else? Not actually sure which is the main thread for this stock now...

[simonsaid1] 08/11/2016 10:34

I've bought at today's super low price, hoping to ride the Clinton optimism wave tomorrow. Anybody else? Not actually sure which is the main thread for this stock now...

[edjge2] 07/11/2016 10:22

ftse 100 points up and still no response here so discounted Clinton effect goldies beckon

[edjge2] 04/11/2016 14:01

REM getting hammered too but dosser2 think you are right. All metals should go once gold starts in ernest and the american dream starts going wet

[dosser2] 03/11/2016 15:59

Time to buy again!

[marvelman] 03/11/2016 15:24

Many thanks for your substantive response Steeplejack....whatever is causing the decline, as you say, patience will be rewarded. Regards.

[steeplejack] 03/11/2016 10:20

Marvelman.The prices on the TSX and LSE AIM market will equalise pretty closely to put pay to potential arbitrage opportunities..Yet,we've seen the TSX quote at times at a substantial premium to the AIM quote only for,next morning,that premium disparity to be pretty much ignored in London.So,the main market for BCN is arguably the AIM market and this quote should hold sway ie if sterling falls against the Canadian dollar then the price on the TSX will weaken all things being equal.Thing is,BCN doesn't make any money.If you're looking at Shire Pharma say,you can argue that sterling weakness benefits reported profits but that's not the case with BCN.All things considered,i don't think sterling weakness has serious implications for BCN.As usual,the stock is treading water waiting for really serious news and that gives an opportunity to trade the stock between a range of around 70-90p which has prevailed for sometime now.It's becoming a bit of a drag to be honest but patience will be rewarded...hopefully :)

[simonsaid1] 03/11/2016 10:14

Another 4% down today. This is what gets me with AIM, sometimes you see these enormous declines, but nobody knows why. It's so odd. Nearly 20% down in just over a month.

[wageslave] 03/11/2016 09:31

The fall does not really correlate with the drop in sterling. So maybe not.

[marvelman] 02/11/2016 16:20

I believe I am correct in thinking that much of the drop in share price is as a result of the duel listing on AIM and TSX whereby the LSE price in sterling has had to synchronise with the TSX price in Canadian dollars due to the circa 20% decline in sterling....does this correlate with other posters thinking?