LRS General Discussion, page-14109

Volatility is never a nice feeling fellow holders. I remember being in LRS when it started it's initial climb to 9-10c only for it to drop again significantly.

Fortunately, I had taken significant profits only to have hyped in again on the second run it had to 20c on the Lithium news. To watch my position fall back to 7c being down significantly.

As a reminder, these types of play come with huge volatility - I mentioned this before but a standard deviation is 70-80% (at the least). Just to emphasise this is a normal move and to be expected. If this type of volatility is too much to handle you're better off investing in the index for 10% moves in either direction.

Currently there has been no fundamental change in the strategy of the project that would impact the end outcome. What we are seeing is sector weakness and systemic risk as the overall market falls.

Again it's never nice to experience volatility especially when you have hold a big position, it can certainly be an unsettling feeling but if PA is causing you to second-guess your choices then you need to remind yourself why you invested in the first place.

I have a strong conviction in this play. There have been many times in the past where I changed strategy due to volatility I couldn't handle only to miss out on multiples in the future (I could have been multi-millionaire 3 times I'm not kidding).

(personally, I won't let that happen again).

I will DCA into sell off. Mr market is doing what it does and there has been no reason for me to think otherwise.

Lithium is taking a hiding for now. This may go for a little longer but it won't stop me from sticking to my strategy and holding this to production. Those that do will be rewarded.