LRS General Discussion, page-11691

I've an entry of 11.8c so I'm a newcomer for some and old hat for others

I know it's been mentioned but the questions still pop up about why we dropped....

Good things don't go straight up. Things that go to the stratosphere without healthy correction will crash. Look at Apple, Tesla, Fortescue, PLS.... Price drops are people taking profit... They might have made 5%, or 500%, but whoever they are their strategy delivered

Every down day of reasonable volume on a project looking certain to continue its good news this year and likely to go to production, brings in shareholders at that entry price. They are also here to make money, but they are the new newbies having seen an opportunity to make money. We WANT them in. It's THEM that ultimately hand us their money as we walk away with real profits, not paper profits

Yes, shorters come into play, but no shorter is here for a long term hold. The only thing you need to do is try not to sell during a shorting window

As for LRS directly, I actually believe a lot of the anticipation and potential good news coming is partially reflected. I think we will hit 30c in the next 3 weeks. I think the PEA and subsequent offtake bidding war is when we see the next wave of newbie LRS holders that put in a new and higher base / pay for the profits of those happy with their gains

Bring on Q3