Ann: Sabre Raises $2.6M to Fast-track Lithium Exploration, page-164

it’s what usually happens. The key is to explore each play on its merits. I’ve made this mistake myself by letting my disappointment impact my investment or trading approach and just when I should be holding I exit. Sbr is ultimate a spec stock. Its nature is to attempt to discover the next resource in a commodity that is popular and usually nearology is the best option. Now nothing guarantees success which in All reality is less that 1 percent. However, it is the gambling sector of the asx and sometimes we do strike it lucky. Even if we don’t, getting in a spec play can be extremely rewarding in the short term. Sbr. Ticks the boxes - charts showing support at mid 3s which has held up. Nearology to azs and a micro cap. Short term options are set to expire in 6 months. Now is management brilliant? I don’t know and I don’t care. The key is the entry. If they mess up here, the down side in the short term is limited whereas the upside is multi bags. Any success this is in the stratosphere. So the risk reward is the key. At the prices on offer this morning, it was a no brainer.