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Ann: Quarterly Cashflow Report, page-37

  1. 1,371 Posts.
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    I had a small holding in HIP.
    I sold the free options to offset my loss on the share price here so I came out pretty much even.
    There wasn't anything to be twisted or bitter about, it is what it is.

    I had originally brought in for the DRC Lithium tenement that was close to the world's biggest Lithium resource.
    HIP seemed a real bargain back then for the potential of what could be...


    Someone asked my opinion on HIP so I gave my perspective on the company, management, deals and the people involved in them.

    Have you ever asked yourself the questions I did about HIP..?
    How much longer will you hold onto HIP with blind faith in management..?



    Try thinking about it like this,

    If this was your company with your money would you be acquiring addition assets that not only cost you money to purchase but will require addition cash in the future when you have zero cash flow coming into the business....??

    If this was your company with your money would it have taken you over a year to have nothing done on a lithium tenement that lies next to the biggest lithium resource in the world...?

    I'm guessing no to both of those answers...

    And yet people are still willing to give these people their hard earned money....


    So.. I don't believe it's about being "bitter & twisted", I think it's more about common sense and looking at it in that perspective...
    Last edited by radx: 12/11/18
 
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