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Lithium bubble floats higher as investors ignore dangers

Lithium is in a bubble and many investors have taken positions in companies with little prospect of achieving a market presence, let alone creating value, Resource Maven newsletter writer Gwen Preston told Mining Weekly Online in a recent interview.

“Lithium stocks are in a bubble and many of them have outperformed the market. But many involve companies that have simply added ‘lithium’ to their name, or they’ve picked up ground they are claiming is prospective,” she said.