SQM - Sociedad Quimica y Minera

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by I_am_so_siri, May 29, 2016.

  1. I_am_so_siri

    I_am_so_siri Member

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    Bought in about a month ago at 20.76. It's a good lithium play that has many other businesses supporting it. One thing that could be a risk is that Chile government is trying to get out of a lease agreement that is supposed to go till 2030. It's from what I see one of sqm's best producing properties.
     
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  2. I_am_so_siri

    I_am_so_siri Member

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    Getting close to 25. Good run going
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Nice job so far
     
  4. I_am_so_siri

    I_am_so_siri Member

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    Been staying on uptrend pretty well. With more gigafactories being announced last week from companies other than tsla really shows how much lithium usage will grow. May sell half soon but have not chosen a target
     

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