Originally posted by GCar
Hi bilulu,
If what you say is genuine, then you will likely be here for another year or two, in order to reap some decent returns on your investment; possibly more.
This is the 10th year that I have been invested in this company. I was a bit early on the whole "electric scooters and bikes will make us a motza" call. My very first parcel won't be in the green until we reach $9.50 per share, actually.
I rode it through the hell of sub 5 cents per share (pre consol) and have averaged down considerably. Optimistic and lucky... Perhaps.
Anyway, your recent posts complaining about "stuff" are getting repetitive and don't really add much to the forum; we are all now very aware of your paper losses and trash talk of management etc.
The issue is, it doesn't help at all, and if anything, may actually put off potential new investors who come to these boards to get some insight into the company. This won't help you, me, or any other longs.
Some have suggested that you are up to no good and are playing some sneaky games here. I am not asking if you are, so please don't answer. My point is only that if you are indeed genuine, you have had your rant (over and over) and I think that many of us would prefer some constructive posts instead. Fine to be critical, but the repetition is getting tiring.
I am not seeking a response to this post, but merely ask that you hold off on the venting a bit here. And yes, I am not the thread police, but it seems to me that this would improve the threads somewhat.
Not everything about the company is positive, but please put forward your negative views in a way that aren't just venting! We get it.
I still think the future is very bright and don't hold too much against the company regarding delays etc. I have been in the mining industry for decades and know that things very very rarely go to plan. All timelines should be taken as rough guides. Things take much longer than typically indicated.
The next 5 years will be very very different to the last imo.
No high-horse position intended at all.
Cheers and GL
Hi Gcar,
Just like you I have been invested in this company since2009. I purchased my first parcel for around $1.5 (before consolidation) and mylast one (more recently) for $2.35. Isn’t it incredible that both of them arein the red?
I have periods when my posts are repetitive. This is just likemost posts on here I guess. Whether they are from uprampers or downrampers,posts are most of the time always telling the same story. Maybe a reason forthat is that there is not much happening … all we do is wait for something tohappen. Day in day out. Week in weekout. Our SP is getting hammered like any other lithium company on the market.At the same time our management has failed to deliver on any plan they havemade. That’s where I have a problem.
I am sure if I kept repeating “Guys our management isamazing, don’t worry about the horrific year, don’t worry about the misseddeadlines, don’t worry about the halved SP, just follow Management blindly,actually, buy the dips”, you wouldn’t have a problem with it.
You think my rants might scare potential investors? Comeon, you cannot be serious. Do you reallything that me shutting up is what potential investors need to buy this stock? Wouldyou recommend any of your friends or family to buy into this stock now? Icertainly wouldn’t!
This company is owned by instos and we, retail investors, don’thave any weight at all in anything. Do you really think instos are notaccumulating because bilulu is complaining that management has missed everysingle deadline? Because I claim they have shown an incredible inability to communicate?Because the only thing they do to explain their misses is feed us bulls1texcuses?
I complain a lot, yes. But I am not lying. I am notinventing facts. I am not spreading rumours or fake news. I am just saying thatmanagement should get their sh1t together. It has been ridiculous! I will keepranting for as long as they don’t!
I do too think that future is bright but I am concernedabout my investment because I am more and more skeptical that we can get there with currentmanagement based on what they have showed these last 12 months. When someone tells you they will do something and they don't do it, trust can only be broken.
Have a great weekend.