Chilean company owns world's largest lithium mine - lithium batteries extend operation of laptop computers - almost criminal not to buy - back up the truck - best stock in Chile, maybe the hemisphere
stock is up since recommendation but stay in - add new positions - there is now a battle for control of the co between Potash (a Canadian co) & a large shareholder - lithium battery business still strong - by 2008 co should have 50% market share of lithium - is largest producer of iodine used in LCD TV's - 54% of sales comes from specialty plant nutrition - is world's cheapest producer of fertilizer ("en fuego" in China) - with Potash could set up a duopoly in fertilizer - could control world price - believe that stock is undervalued by 30%! - worth 170 - bidding war is escalating through stock tender offers - if taken over premium will be alot higher (thinks it will) - use limit orders only
13.20
+15.11%
05/29/07
the wild bull market in agri-business will continue - lithium will continue to be in shorter supply
15.95
+39.05%
06/01/07
Merrill agriculture conference Tuesday will help
16.68
+45.46%
02/28/08
would pull the trigger right now
19.62
+71.10%
06/13/08
stock rocks - want to buy it right here
45.45
+296.35%
06/16/08
Chilean co will benefit from the growing Chilean economy (3.8% growth this year) - co makes 50% of the world's potassium nitrate (49% of sales), a fertilizer for fruits & vegetables - co is also the largest maker of lithium in the world that is used in longer life batteries and hybrid cars - will be expanding production 40% in the 2nd half of the year (now 15% of sales) - the stock is still unloved by the Street - it's just too good an oppty not to pick up - triple buy
47.16
+311.27%
06/23/08
must be bought!
53.53
+366.82%
07/07/08
will be the first to bottom in the group - the stock is right after the big selloff
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