LOT 6.25% 25.5¢ lotus resources limited

This is the first of really aweful news for many penny...

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  1. 163 Posts.
    This is the first of really aweful news for many penny cobalt/lithium stocks IMO.
    I was speaking to a well known resouce analyist recently who said the hype in this sector is just that, hype.
    He also mentioned 99% of these hopefuls will not be around within 1 year.
    I tend to agree, there could well be a lot of capital destroyed in this area.
    AS for RIR, one of the worst dilution i have seen.
 
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