You would think that the institutional raising of 60 cents last year would be first in line to start something. I have been a long term holder long time accumulator. This deal was the sh#ttest I could ever have imagined. That guy sums it up so simply. In saying that I have sold 85% of my holdings and already got near the 8% gap waiting for the deal to occur. My faith in them actually delivering 57 cents at the start of February is minimal. They have never made a timeline......and never will.
If a suit happens.......delays..........just because it's LPI .....delays.
I must say this is the most dissapointing investment I have ever made. The Chilean factor and CODELCO the scavengers they are have made us all look like idiots. The only thing I can do now is stem the bleeding due to opportunity costs and look forward to a Santa Rally.......something we haven't had for a while.
So dissapointed. The mine is bought for whats in the ground that we own. Its a hell of a lot more than millions,..........its billions. If I wasnt so peeed off I'd love to insert a dr evil pic here. Feels like a financial raping.
LPI Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held
