Good News & Bad News, page-28721

Fair question, although the purists will smash you for asking it. PLS was 9 cents in 2017 and almost went broke. Their climb was a zig zag, not a smooth curve, and I bailed when it looked like I was going to lose my $10k investment, which was part of $130ks I had invested in 14 lithium stocks. Some did go broke. A40 folded due to Chinese state-run interference, AVZ (will go broke but has been raped by Australian boardroom raiders). Others were pumped but underperformed. Reedy lagoon Creek was going to be Teslas's bitch. Lake Resources was a darling till their ponds got flooded by a climate event and locals arched up about the threat to Flamingos. Political sovereign risk and military unrest in the DRC and Mali has stifled interest in mining there.
End of the day you need to research the fundamentals of companies you consider for investment. Research the history and track records of their directors and avoid those who have a record of pumping their stocks until they reach their performance bonus targets, then bail.
PLS is a well run company. It has an educated and stable management team with tenure and a proven track record. They have cash in the bank and are looking at options without kneejerk responses.Pretty hard to go past that.