The video linked below, "Tesla's New Secret Partnership," posted Sunday on YouTube by a long term, very credible TSLA advocate. The Vale Mining (VALE) story outlined in the video sounded too good to be true, so I fact-checked the major themes and assertions in the video. All passed. This is our back-door entry into not only a major nickel producer for Tesla's new battery technology, but beyond Tesla to exponential growth in the entire worldwide electric vehicle industry - have you seen all of the new electric cars sprouting up on the NBA, NHL and MBA commercials? These vehicles need batteries and more than anything else, these batteries need nickel. VALE mines more nickel than any other company in the world. There is also a rumor, that I haven't been able to verify (yet), that someone or some company is accumulating VALE shares on the open market. If so, this would be a big player, one that has acquisition, not investment, in their sights. VALE shares (and call options - see below) are hereby being added to our long-term Buy & Hold portfolio. Tesla's New Secret Partnership VALE Intermediate Term (3-6 Months) Price Targets The Long-Term (Weekly Prices) chart is targeting $43 by the end of 2021. That's about a double from current price levels. The Jan 2022 $22C is trading at about $2.00-2.20. At $43, those calls will be up 10X. The Jan 2023 $25 calls are also trading in the area of $2.00-2.20 and these too should be up 10X if VALE reaches $43 by next January.
