Comfort in the panic?
There was an article posted on www.miningandmoney.com from a Dan Oancea. I think it threw a real panic with investors (even me for a second). Once that article was posted the PPS dropped significantly. I looked into it more and determined the following: --- 1) when I typed in "mining and money", the website www.miningandmoney.com didn't even show up on the first page. It finally appeared at the bottom of the second page of search results. This was strange to me as I'd rather take advice from reputable websites and sources. --- 2) The article's tone towards the end felt really snide and backhanded. The entire tone of the article felt like it was a personal attack. I'd rather take my advice from someone who's a little more liberal in their communication. --- 3) The autor, Dan Oancea, seems to sound like he's knowledgeable. It was definitely informative to a point. With minimal knowledge on mining and geology, I found it difficult to draw the line between what was fact and what was an attempt at manipulation. The tone of the article helped me decide: take it with a grain of salt. I'm taking it as information and information only. I tried to look into some background on Dan Oancea and can't find a thing about his credentials. He doesn't have a linkedin page that would provide professional history (that I could find). I was only able to find a website that had a bunch of blogs from him from 2012 at the earliest. I think miningandmoney.com has some blogs of his as well with around 2100 views over the years. With these facts I've discerned that whether or not he sounds knowledgable, he's not as credible - YET. --- The facts, for me, are that $ION.V has 4 more salars that were acquired. La Salada wasn't significant for Lithium, but wasn't a total loss for potassium and other minerals. There's still 4 more that they need to test. A company, with a credible team, would not go an invest millions of dollars blindly into something that doesn't have potential. I've read some message boards where some of the investors are wanting to see Alset take a different direction and call it quits to build more confidence with investors on the idea that Alset is at least continuing to take action on something; this also doesn't make any business sense. My confidence is shaken, but I'm not going to panic and act on emotion. I'll stick to the investment game-plan of buying low and will make a significant move (positive or negative) when more results come in from other salars. Go $ION.V!!