LK-99: SuNam, Mobiis, and Shinsung Delta Tech Shares Soar on the Korean Stock Exchange Even as a Dark Cloud Emerges

wccftech.com:

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

LK-99, a gray-black compound of lead, copper, phosphorus, and oxygen, formally known as copper-substituted lead phosphate apatite, has emerged as the leading candidate for room-temperature superconductivity, which was considered an impossible feat not too long ago. The public sentiment around LK-99 is quite volatile at the moment, marred by the ebb and flow of claims and counter-claims. This has not, however, prevented investors from plowing their money into stocks that are perceived to benefit from the emergence of superconductivity at ambient temperature and pressure.

In two key pre-print studies (here and here), a group of researchers hailing from Korea University recently claimed that as copper cations substitute lead cations within the insulating structure of lead phosphate (LK-99), stress-induced structural shrinkage occurs, which creates “superconducting quantum wells (SQWs)” within the structure. More importantly, the unique construct of LK-99 allows these structural distortions to perpetuate, thereby giving rise to room-temperature superconductivity characteristics.

Since then, social media has been literally lit on fire, with multiple replications of LK-99 continuing to fuel the fervor in select stocks listed on the South Korean bourse.

In our last post, we noted that the Korean Society of Superconductivity and Low Temperature has, so far, not certified LK-99’s status as a room-temperature superconductor owing to “insufficient” evidence. Specifically, the society’s verification committee found that in an official video, where LK-99 is shown floating on a magnet (which is a