RE:RE:RE:Hey Newdumber21
This board, like many others I have visited, exihibits a remarkable optimism that is not warranted on an OBJECTIVE measure of the facts. Another PP is almost inevitable as the burn rate of any company that is seriously exploring business opportunities will ramp up and there is no revenue to offset expenses. After RBI, financing and raising nterest among private capital will be more difficult to raise. These are objective facts.
Optimistic and hopeful posters are whistling past the graveyard. They have been married to a stock for so long that they can't disentangle their feelings (loyalty conviction hope) from the objective facts.
What this board needs are the counter points. The conflicting point of view to round out the discussion, which is routinely hopelessly optimistic and naive. Do you want to talk about the facts? As I noted in my previous post, No PP for 18 months and a steady burn of cash during a deteriorating capital market due to RBI and the view that Lithium is not a hot commodity any longer.
BTW, there is nothing wrong with sitting on the sidelines and waiting for momentum to return to the stock. I sold my complete and substantial position (over 100,000 shares) about a month ago, just as RBI was going through its final throes. I am happy to sit on the sidelines and look for other opportunities.
There is no place for loyalty in a small cap speculative mining stock. It is not a stock you buy and hold. You get in on momentum and get out with a gain. A "long and strong" investor in this stock is taking a huge risk that it will be devauled through dilution or worse. I find it painful to watch good and sincere people (but naive investors) lose their shirts.