Ann: Response to Media Speculation, page-157

@deserthead

As a value investor (like you) I understand what you are saying and I agree that the gold sector currently offers excellent longer-term value.

I also agree that the Li sector is currently trading on crazy multiples. However, Li looks like it will remain a crowd favourite for a little while yet, so if there are opportunities why not take them? Just don't be left holding the can when everything turns pear-shaped and the Li market comes back to earth!!

I sold my last parcel of LTR at $0.76 because I judged that LTR was fully valued!! LOL, that worked well! This Li rally has surpassed my wildest expectations and for a value investor it beggars belief that these Li co's can be valued so highly. The party will definitely end at some stage, however I'm going to have a few drinks and nibbles whilst it's still on!

GLTA & DYOR