LLI 3.85% 12.5¢ loyal lithium limited

Ann: Spodumene Pegmatites Discovered at Trieste Lithium Project, page-182

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    The stock has run hard and might be a bit frothy at the moment. But it may not and could just as easy continue to run. Some may take profits now and free-carry but I like to let my winners run. Why join the navy when you could become a pirate?

    I'm sticking with the jolly roger. Scotty alone may justify the current MC. There's 6 to 10 million tonnes of LCE with more drilling to go. An inground value north of $200 billion. That's billion with a 'b'. Hidden Lake has proven spodumene as does Trieste, which has more chance of being another Patriot than a duster. Being rich is one of the most liberating acts you can give yourself. And you can only do this by letting it run.

    I remind myself that it's important to understand value, keep the contrarian mindset, understand the herd mentality and ignore the vituperative one-dimensional villains that stalk hot copper boards. Knowledge can be transferred and learned but wisdom cannot. I'm cautiously seeking wisdom and averaging up, which is always a much better feeling than averaging down. Selling now is like the drug dealer's defense, "If I didn't sell it to them, someone else would have." GLTAH.
 
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