AGY 8.60% 8.5¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-55

  1. 2,755 Posts.
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    Actually the run to 80c was a classic pump and dump, unintentionally (I guess) aided by the spin we've been given from the updates and ann's at the time and prior. We were never going to stay around 80c (apparent now that it was way overvalued), but should definitely not be this low imo. Set unrealistic expectations over and over again, traders will take full advantage while investors who believe in the project as a whole get majority wiped and forced to add another half a decade or more to see similar gains again. Happened in 2017 with Tyson shilling this stock and even members of management at the time throwing up questionable posts on social media (AM). No need for the shillers this time around, severe lack of progress and the carrot dangling of milestones being achievable has made it much worse than it should be.

    The kicker is these guys have only 1 project! Anyone still holding in 10+ years, I would hope for your sake they find a more capable management team should they acquire another project to pursue.

    The wording in this update points to no material news in 2023. Only IMO of course... DYOR.
 
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