Ann: High Grade Lithium Mineralisation at Adina Project, page-116

Guys, this thread is a bit being on a fruit farm. Lots of bent bananas, some bent left and some bent right - all think the other bananas are just like them.
Hey, I mean non-holders are scathing of the company and even getting modded for being naughty, and holders are hanging on tight for all sorts of reasons.

You are all so ernest and sincere, I really do hope none of you get peeled.

Now sarcasm does not get anyone anywhere specially on HC, so now I will tell you the 5 reasons I am holding my position on this stock - even though I made a bad entry and am now underwater to heck.

1.  I did my DD before I bought in and I thought both the Li and specially the Co plays were worth a toss.

2.  There were bad vibes when both cornerstone investors delayed, and one pulled out.

3. We are in frightful May-June price action across the small caps ATM.  Not many are going anywhere, even the beauties (that's just IMO - as I see it)  If it were not for that we might well be licking 30c.



4. The market depth is quite amazing and indicates a bottom to me.  Not only are the buyers over the sellers 5 to 1, but the buyers are at the gate.



5.  Because the demand for economic Li and (again) specially Co projects is very high the Reward to Risk ratio is exceptional.

But, mark me, that does not mean that the risk is not there, as the bent bananas so adequately point out.

GL.  If you sell, I will have you with clotted cream.