This thread has become so polluted with absolute crap.
How about these for an explanations in share price volatility:
1.- its an early stage mining company. wild price fluctuations are common.
2.- lithium is hyped up, like buttcoin. lots of uneducated investors throwing small money in, getting spooked by god knows what and trading out.
3.- the entire world equities markets are full of jitters. some stuff is going up fast, some stuff is going down fast. money is swirling around all over the place with FOMO and plain old fear and profit taking. trading platforms speeding everything up, exaggerating every up and down.
here's my advice on investing in early stage mining companies:
- find a company with a good deposit of a mineral with decent future supply/demand issues.
- make sure the company has decent funding opportunities.
- make sure the ability to extract the metal is achievable and has strong forecast of high profitability.
- invest a decent amount, but not the whole farm. diversify across a few of them. some will completely shit themselves, some will do extremely well.
- sit down, shut up, watch closely, read up, be ready to exit, be ready to buy more, be ready to wait a long time for profits. starting a mine takes a long time.
some of you are spending so much time on this shit........ just remember, you're here to learn and trade. some of you seem to be here just to try and win some kind of un-winnable, circular, never ending keyboard fight. what a waste of time and energy. by all means contribute when you think you have a nugget to share - but all day keyboard fights are just filling this forum with absolute crap and no one is learning anything.
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