Neo Lithium Corp NTTHF

RE:RE:RE:Some Q&A from BMI - WTW

[LithiumNPV]

JMark80 wrote: I trust Waldo, great mgmt is as important as the project itself. Even with his royalty I think he will get the best deal for shareholders - unfortunately my average is $1.40. I already own too much, but am tempted to average down. They're fortunate to have raised as much as they did early on, managed costs really well and have not mislead shareholders. Also have the experience to take this into production - something a lot of juniors do not have, although knowing Waldo's background I don't see that happening. Cons are political risk which absolutely can not be denied, and fact lithium is a depressed market. 

Don't feel bad. I got out at an average of $1.80, but many here have an average cost around where you are at and some even above $2.00 even as they averaged down. I have been talking about this for over a year now which is why I get alot of hate posts. They are trying to talk the stock up and having troubles facing reality that the oversupply problem continues to 2025-27. People hate people who remind them of their failures. In fact in that video today by Benchmark Minerals they estimate the oversupply problem should continue for nearly 2 years more. It's not realistic since the real figure is 2025-27. Averaging down is not a good idea. The good idea is picking the bottom. Go long at 25 or 30 cents.