Post by
Munny23 on Sep 22, 2017 2:09pm
Seems like they got their lic suspensed.. No shake down
https://incakolanews.blogspot.ca/2017/09/just-in-case-youre-wondering-about.html
Comment by
buyhold on Sep 22, 2017 2:42pm
I am not buying that they lost a license. A blogger in south america who has a personal issue with the team starts these things and if it was true the compnay would have to come out and state it. he also said he has video proof lets see it.. i think he scared everyone to sell and it goes over 2.00 next week.
Comment by
Munny23 on Sep 22, 2017 2:48pm
I hope your right.. I got carried away buying this dang thang.
Comment by
Luc1961 on Sep 22, 2017 3:02pm
...yes, I'm thinking the same Buyhold. Seems far fetched. LAC is also down today over 7%. Does that mean they also blew up a well and got their permit suspended? I think not. Probably best to await news from the company rather than work on speculation (although everyone will evidently make their own decision). In any case good luck to all..!
Comment by
LithiumNPV on Sep 22, 2017 3:09pm
Nobody really knows if a well blew up and if the license is suspended. Fascinating. If the company finally comes out and admits it the stock is going below $1.50. I would buy at $1.25.
Comment by
LithiumNPV on Sep 22, 2017 3:11pm
This is why you will get burned if you buy just 1 or 2 stocks. You need at least 5 to protect you from this sort of thing.
Comment by
loupup on Sep 22, 2017 3:35pm
I think the shake down started before the license rumor. We need confirmation about the suspension from more authoritative sources. Before then, I'll hold...
Comment by
LithiumNPV on Sep 22, 2017 3:40pm
I'm always afraid of buying a stock with 3x price to book anyway.