Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:RE:RE:RE:Assuming that NMX stays in the 22 cent to 26 cent range over

[CanadaCoin]

"Go into any pension investment platform and you will discover that the recommended minimum length of time to hold a position is 5 years and more common longer (10yrs) to smooth out the peaks and troughs of growth.."

This is great if you are young; investing in Mutual Funds; or  into Blue Chips. But if it is indeed high risk resource stocks, you must be extremely well diversified! 

We all understand the 'smoothing out of the peaks and troughs' over the long term investment cycle. And you are obviously referencing Investing 101 basics. Or Warren Buffet wisdom. But our point of reference here is a 'high risk resource play', that is not even off the ground yet.

Once Nemaska hits 'name plate' production and ALL is GOOD....then I would say you could look at that investment with LONG term glasses on. Why? Because then it would have proven itself it to carry the day, not another Billion Dollar Moly Corp failure.......that was also suppose to carry many retail investors into riches and retirement. [just one of numerous resource failures I have brought to this board as you know]. I wish I could post all those quotes, from all those LONG term resource investors, on this very Stockhouse forum. For you see, I have been posting here since 1998 and seen it all. 

:-)

The very best to you though Mick!!  

mick1888 wrote: CanadaC - no doubt you and many other posters are excellent investors and expert at what you do, but as I suspected reading many of your comments, you really have no idea what is Long and why we are Long. Go into any pension investment platform and you will discover that the recommended minimum length of time to hold a position is 5 years and more common longer (10yrs) to smooth out the peaks and troughs of growth... ;-)

Some bashers should really take the time to understand the other side of investment (it's not all about a quick buck) prior their comments about Long.... ;-)

GLTA

CanadaCoin wrote:

mick1888 wrote: Simple question to all ye bashers - what do you regard as LONG?
 

I'm not a basher, but I'll take a stab at it. I'm a truth teller actually. :-)

A 'Long' position is about 2-4 years out. Anything more than that is just conjecture and fantasy.

Market cycles will come into play....and Long positions should turn into Short. 

Technology is forever evolving. Beta or VHS? DVD or BlueRay?

China or the US? 

Long positions need to be re-evaluated on an annual basis. 

Bears and Bulls.

There are even appropriate times to move out of 'Banks'.

Recessions and Depressions. 

There are times one should move out of a Long position and into cash. 

The best laid plans.

Can management carry the day? 

Cut your loses? 

Go Long?

For how Long? 

:-)