Nemaska Lithium Inc. (NMX-T)

Lithium makes up a huge part of a car battery. NMX is expected to earn 14 cents in June 2020. It's building a huge mine in northern Quebec and just signed some debt financing. If they finish their financing, expect serious upside here.

Lithium, a number of years ago, was very, very popular. Then the lithium market pretty much died. It’s now coming back because of cars. He doesn't know this company, but in this field you have to be wary.

Has held this for very long time. They are very promotional. They went through their controversial phase about their processes which was fairly revolutionary. So far, it seems it will work. Located in Québec.

There’s been a lot of investor interest in lithium names. We are coming into the seasonal period where mining stocks can actually do well. When you have a momentum trend, plus a seasonal trend to back it up, that is positive. Chart shows it has broken above the channel, which is a good sign. There may be some resistance at $2, but if it breaks above $2, that will be fairly positive.

Looking to develop a very good lithium deposit in Québec. It is going to need about $600 million to develop the project, and this is a small company. There is greater and greater demand for lithium. As we get more cars, a lot of batteries are lithium based. With Tesla building their big battery factory in the south west US, there is going to be huge demand going forward. This company is going to need financing, and will likely get it. They also need permitting. It is still 2-3 years away before production starts.

Good stock. A lithium deposit in Québec. Typically it is used for batteries, and everyone was jumping on the Tesla bandwagon, and how lithium batteries were going to come in. Trump is looking for more oil and self-sufficiency, and a lot of renewable energy stocks have been hit because of this. People say he is not going to give the subsidies which Obama had been looking forward to providing companies with the stimulus they need at this stage. This company has one of the higher grades out there, and there are not a lot of new projects coming on in the next 3-5 years. They will have to raise $6-$7 million to put the mine into production. It will probably be a winner; it will just take time. If you buy it here, you are probably going to be holding it for a couple of years, and will likely have a chance to buy it on an equity issue someplace down the road.

They have one of the better assets here. Located in Quebec. Longer term there will be a lot of demand for lithium batteries.

He owns a little of this. It is a play on the lithium market, which is a play on the electric vehicle market. It has a project that will probably be one of the earlier ones to be developed, but is clearly just playing this trend towards the electric vehicles. Unfortunately, there is a lot of lithium globally so not every project is going to get developed.

Has a very good high grade lithium deposit in Québec, which should be low cost. They are ready to start building the mine. A high risk story and very speculative. Thinks it has been de-risked a lot. The outlook for lithium is pretty attractive. A kind of mad money investment.

Lithium space. There has been a lot of interest as agreements are signed. Companies signing early before TSLA-Q’s giga factory gets into production may not be an advantage. This one is probably cheap.