I think my comments were quite fair as I was just giving a example of then and now ,and there were quite a few doom and gloom posters a little while back with the odd smart crack at me thinking that I was inexperienced in the markets.
Those that were selling below 5 and 4 cents were a lot more than a few sick people or someone selling a deceased estate.
Them sellers were smart people as there research told them that the brines would be worth nothing even tho by doing a internet search you could find out that lithium brine can be economical at 50ppm ,and that was before the new modern tech got better.
The people who continually sold down this stock were smart ,because some got to buy back in cheaper and some paid a lot more even tho nothing has changed since 3.7 cents as anyone who did the research would have known that precipitation or evaporation of brine would increase the grade and that it had already been proven by other companies that the other minerals would easily be removed.
The seller of over 6 million shares at 5.5 cents was a very smart person as they must have done well in life to be able to buy that many shares in the first place ,how smart it was for this person to sell out so cheap.
I then read today that the feed grade was 42ppm Li that resulted in a brine grade of 891ppm Li ,and then the smart people sell into the buyers because they are smarter than us long term holders.
I guess many are also smart enough to have worked out that based on todays result that if the average grade including the potentially higher grade historic areas ends up being closer to lets say 420ppm ,that the end result Lithium brine grade would be 8,910ppm.
IM not smart as IM a high school drop out with grades close to a D who stopped working at 45.
IM to stupid to go back to work at age 52 because I hate smart business people telling me what to do when I know I can do better ,so this dumb ass just does everything himself on the hobby farm.
Dumb ass jack of all trades I am.
I can be informative ,but from time to time some hard truths need to be said.
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