Bearing Lithium Corp BLILF

Thanks for the profit, I'm out.

[DOCInvestor]

Completely liquidated today at 27 cents. The 40% uptick was nice considering no news that I could find (in fact, LPI was down on the ASX). 

Thought I'd baghold this for a loss for sure. Might venture back when it goes back to 18 cents lol.

[EMTguy]

Can I ask what is your reasoning ? I know you say you made profit, but with smaller price stock, one usually tries for bigger profit. 

[DOCInvestor]

A few reasons, in order. 1) Dilution. 9 million shares and 9 million warrants in the last offering. No update with it or anything, just, oh, let's just add ~20% more shares if we hit a market cap of 20 million. 2) No updates. On the stuff that matters. Chilean regime is a massive mining sector risk which numerous juniors have commented on. LPI and BRZ? They pay some independent firm to tell

[EMTguy]

That is an awesome answer !  I totally understand you and I thank you for your honesty !! I have been in this these companies for many years and I know the frustration !! I can tell you are a level head person from your post. I wish you luck !!