Categories: General Market Commentary
Topics: General Market Commentary

Nick Hodge | Lithium Stocks, Tesla, and Private Placements

Oct. 9, 2020

Lithium stocks are back in the news after Tesla's Battery Day and its related deal with Piedmont (NASDAQ: PLL) sent the latter's shares soaring. 

Piedmont is a name I know, and congratulations are well deserved. Their North American (North Carolina) spodumene project is now set to feed Tesla's proposed lithium refinery in Texas (or Tejas for Mike Bloomberg). 

Anyhow, those who've followed me into the lithium and battery space in previous years have done quite well. 

I had readers in BYD (HK: 1211) back in 2008, long before anyone knew what a Tesla was. That has been a 1,000% winner... or what we affectionately refer to as a "ten bagger".

BYD wasn't all...

Readers of mine also had the chance to enter a company called Lithium X at C$0.15 back in 2015 when it was still private. After the IPO, shares surged to over C$2.50, and the company was taken out by a Chinese firm with the concise name of Nextview New Energy Lion Hong Kong for C$257 million. We made 1,480% on our money. 

The next year we doubled our money on Millennial Lithium. 

I also had success helping to finance and then recommneding Advantage Lithium, which was ultimately taken out by lithium production company Orocobre for shares that are likely headed higher. 

It's been a few years, but now that lithium is coming back into favor it's time to start kicking the tires again. 

We're doing that with a company called Critical Elements Lithium (TSX-V: CRE)(OTC: CRECF). I wrote a check into the last financing along with members of what soon will be called Nick Hodge's Family Office. You can learn a bit more about them here. 

Those C$0.30 shares are up 120% in less than two months as Tesla's battery flames stoke the lithium fire. Wait, that came out wrong. But you get it. 

More details to subscribers. 

Call it like you see it, 

Nick Hodge
Editor, Hodge Family Office