LKE 0.00% 3.6¢ lake resources n.l.

Ann: Suspension from Official Quotation, page-78

  1. 21,419 Posts.
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    Jojo84. I can assure you that I am on the very same page as you are regarding the prospects of LKE. What I also see from the numbers that read this forum as that people like us probably only represent 10% of those that are "interested" in LKE. It's those 90% who are making the play at the moment because there is no news and have taken their bat and ball and gone home. Many are also saying that because there is no news it MUST be bad.
    Like it or not, we and management also has to understand that "the market" is an open playing field and ST and MT considerations with a stock like LKE, are by far the most prominent amongst HC readers in particular. It's by and large a punters' forum and us LT "investors" use the forum to share our views but I consider every posts and as you see, I'm the first to reprt them if I consider that they are doing damage to the image and reputation of the company and its management.
    But, management has to fully understand that the vast majority of readers of these forums dictate the day to day SP of penny companies,like LKE is (despite its "huge potential") and it's their reaction that really is determining what price management has to pay to cover its essential running costs. That's why I say that management has to also respect those ST holders views and telling them nothing, as is happening with Olaroz,is not doing anybody any favours. Note, another 1,000 hits on this thread since my last posting, just 80 minutes ago!!!!

 
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