I totally understand your caution due to these current financial times. We chatted briefly about it very generally on Twitter. Any small start ups, I always believe it’s prudent to free carry - Age, stage and lifestyle plays a big part of decision making. GLN has held up okay.
I’ve read your December post, it’s clear and concise yet not really broaching that all non producing Lithium players have taken a big hit these past 12 months. Even AGY who is producing very small amounts is lulling around the 50 cent mark.
We all have our own justification for holding or selling. You make great points.
As Paul said (generalising his post) a mix of blue chip paying dividends is vital for over 50’s. We still have 8 free carrying start ups - paper money, not real profit - but still a heap of profit if we choose to sell. We might stack it and add to our BC sectors. Some we’ll hold as they’ve floundered into negative-negative free hold territory.
I personally have zero objection to GLN’s ‘basic’ announcements. In fact I relish their commitment to keeping it simple without the BS so many put out.
As for the current CR - they would’ve been in talks with Cannacord for months. Any start up must take the coin when it’s offered. Nothing strange here during the current economic climate.
We’ll be taking up the CR share offer even though we just bought $28k worth at $1.13 a few weeks ago. We believe it’s a worthwhile investment.
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