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Rock Tech Lithium Inc. (RCK.V)

TSXV - TSXV Real Time Price. Currency in CAD
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3.5000-0.6000 (-14.63%)
At close: 3:59PM EST
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  • D
    Danny
    This company operated at a lost for 20 years
    I don't know about recent things but I think they are extremly overvalued

    see for your self here (sedar is like the canadian sec):
    https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005870
    Associated Documents
    www.sedar.com
  • N
    Nick
    https://www.rocktechlithium.com/post/rock-tech-engages-als-for-pilot-plant-programs

    Explains today’s jump! Always great to see some news from these guys
    Rock Tech Engages ALS for Pilot Plant Programs
    www.rocktechlithium.com
  • G
    Gerhard
    I don't know if you guys followed the recent news, but this seems to be very big:

    - They acquired over 20 hectares in Saxony-Anhalt

    - This land is positioned very strategically between Tesla's Gigafactory and BASF's cathode factory.

    - Tesla's Gigafactory is located in Grünheide (distance 160km)

    - BASF's cathode factory is located in Schwarzheide (distance of 130km)

    Note: BASF is one of the largest petrochemical producer worldwide with a market cap. of more than $60bn USD.

    Furthermore: We have a big investor Peter Thiel (was an early investor in Facebook) on board that acquired 5% shares of Rock Tech Lithium with an option of another +5%.
  • S
    SemperAugustus
    Yes, I've seen the good news about their cooperation with German construction company and their strategically good location with an immediate proximity of Tesla in Germany but it seems to me like it will take long time to see some good effects on company's shares. I'm sure Tesla has some long-term relationships and promising agreements with other leading lithium suppliers of the globe.

    So what do you guys think? Should we still hold this stock?
  • D
    Derrick MCKENZIE
    Rock Tech Lithium Inc. plans to raise $400 million to build a lithium refinery in Germany and has attracted support from billionaires including Peter Thiel investing in Europe’s push to create a local electric-vehicle battery industry.

    https://www.bloomberg.com/news/articles/2021-01-11/lithium-miner-s-plan-for-german-smelter-pulls-in-billionaires
  • G
    Garn
    We are into dangerous territory here. This sugar high is going to either come crashing down or we will be made privy to why this stock is rocketing. I sure wouldn't mind knowing. Until then i will ride the wave.
  • G
    Garn
    I'm with Ryan - what gives with the huge increase today? Derrick's posting wouldn't explain that in any way.
  • M
    Matthew
    A great investment if you want to vote with your dollars to do something about climate and diversifying from Chinese supply lines.
    I just voted with mine.
  • M
    Matthew
    I wonder if this will turn into one of those weird exuberant market stocks where equity raises are met with ecstatic stock price increases as apposed to viewing it as dilution. At this price of equity Rock Tech can fund the equity component of its mine and converter very cheaply.
  • D
    Don Karl
    If you're a long term investment fan, then this one should be in your portfolio. Bring on 2023!
  • K
    Keith
    Why is the stock dropping so much. The news by Gerhard seems good.
  • B
    Bento
    deal with 2 major germay companies- VW and Mercedes
  • J
    Jack
    keep in mind what did happen in Jan 2008 and after for this stock
  • M
    Michael
    hey! sold 1/2 at $8.50 and was nervous doing it. not a bad move in hindsight (for today at least). will reenter if it drops much lower. I was using a MC of $400M as a guide considering the news
  • R
    Ryan
    Anyone know why we are up so much today? Thanks
  • B
    Bento
    You haven't seen anything yet. Explosive news coming will shoot this stock up 200% - wait and watch.
  • w
    weeniewaggler
    IIROC Trading Halt - RCK Canada Newswire
    VANCOUVER, BC, Jan. 18, 2021 /CNW/ - The following issues have been halted by IIROC:

    Company: Rock Tech Lithium Inc.

    TSX-Venture Symbol: RCK

    All Issues: No

    Reason: Single Stock Circuit Breaker
  • B
    Bailey
    what makes this better then frontier lithium