EUR 2.50% 3.9¢ european lithium limited

General Discussion, page-737

  1. 18,366 Posts.
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    @wolfofall and to all of you who think only 'trolls' read and respond to this thread:

    I just checked when I bought in and when I sold, I bought on a whim - a mine in Austria, in a place I knew!! and it had a name I am familiar with!
    so I committed the worst sin any buyer of stocks can do: I bought on emotion, no checking etc. in August 2022, but only 21 000 at between 0.081 - 0.091 - I then did my homework, after I had bought - also enthused by the steady ramping going on on this stock by posters, who are now screaming 'trolls'!!!

    I then began to read up on the mine, made some telephone calls, even to a Professor of Geology, now living in Linz, whose name I have now forgotten, but who did one of the cogent surveys and he was still full of enthusiasm, "yes there definitely is lithium in the old Stollen" he said, but he didn't know what was happening now.
    So for a while I thought I was holding a precious asset. Then doubts began to set in - pretty soon, as a matter of fact, as there was so little information in 'notices' etc.
    and that has been 'not' happening: there were no or sparse notices to the ASX. I eventually came to the conclusion that this mine had been bought by Australian enterpreneurs simple to be turned over at a profit - no real intention to mine, to value-add, to be an asset to the local community.
    I sold my meager holding pretty soon afterwards and made a loss of approx. $324 - another lesson learnt, but my fascination with this stock and particularly its colourful management remained. But the rest is for you to fathom. I know I would never invest in anything which has the name T.S. & Co. attached to it.
    The big fascination - for me - on this thread have been the long screeds produced by seemingly 'expert' investors - I still do not understand exactly who and what they are? Where their enthusiasm is coming from etc. etc. - but no matter, this will play out in only one way IMO - if different I would be very happy for all holders, truly!!! I know the pain of losing money in the stock market, have been in that place in 2008.

    And now to watch out for the rest of my investments, which are still in lithium (PLS and LTR) and with a little flirting with an Uranium stock - but there is sure to be a down-turn coming.
    Take care
    Taurisk


 
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4.0¢ 55212 1
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