RE:RE:NILI high grade LCE at shallow levels = BIG PROFITS even NOWThis is my view of things.
This project has ZERO risk. We have high grade LCE OF 4.7 million to grow substantially this year and the highest grade on the planet at shallow levels. At present levels we have a mine that can produce 40,000 tons of LCE for 100 years.
With regards to trying to hit the bottom. This is not a comment directed to you but just a general comment for all. It is a sign of ARROGANCE and IGNORANCE to want to hit the absolute bottom price. No one gets the bottom price.
Sure you may have 10,000 shares at the bottom price but if you want to buy 5 million shares, we all agree that it will not be all done at the bottom price.
So what do you do? You buy around prices where you think it may have bottomed. In this case so far it appears to be in 33 cents to 38 cents, seen as kind of stable.
And you buy a little at a time so that you can get an average price, say you want to buy 20,000 shares, you buy 3,000 today, 3,000 in 2 days, another 3,000 next week, 3,000 the week after.
Or, if you see that price has flatlined for a significant period, instead of complaining, you buy a certain amount each month for a period of 1 year or 2 years. This is how the big boys do it.
There are too many people with a daytraders mentality of hit the bottom, buy and then sell on a pump. This works a little here and there but at end of the year you will notice that you earned breadcrumbs and alot of grief and stress.
Instead if you really like a project, you invest in the project. Meaning you are only a BUYER over the course of the project. When project is SOLD you reap the MILLIONAIRE benefit status, based on one (1) trade.
This is what I am doing, loading up depending on my finances, either weekly, bi-weekly or monthly or quarterly. Does not matter to me.
What is a good price, anything less than $ 1 per share is a STRONG BUY and anything $ 8 to $ 10 per share is a STRONG SELL.
Buy low and Sell High,
Patience is required, when you feel like complaining, change complaint into a purchase order instead. It will reward you in the long run.
Good Luck,