People lose on the ASX is because they think it's a quick rich...

People lose on the ASX is because they think it's a quick rich scheme. HC is not the place for investing advice,
Don't get too excited about Evergreen lithium ( Litchfield). They are looking to open IPO @25c starting 27/1. Aim to raise $7m...$4m to be spent next 3years .how far you think they will go? SB started SLB with $14m = office, maps and a compass.
You have trading accounts, meaning you are 18+ years and have finished school. Start THINKING. The monkey brain between the ears is making you poor. You work a job you don't like, you stay there because you don't know what else to do. You buy shares in business you don't know anything about, You read HC to agree with your ego. You follow chartists, 80% are embedded short sellers. These are words on a screen, you don't have to agree. Thumbs = elephant stamp, bulbs = star sticker. Does it pay the bills?
CXO is a currently a 175kt/y mine, A$1b/y income for 12 years with $2b mc. How hard is the maths? Workforce from a major city ( not a camp), plus 90% of tenements yet to be drilled, gold, silver etc. The industry predicted deficit for the decade, somehow according to some bank they are wrong? Think.
9% short positions, they are throwing the kitchen sink, convincing people to sell. Abit desperate.
The battery Giga factories are going up faster than mines can come online, demand cannot fall. It's not a popularity contest, it's about building your portfolio. Banks deposits pay 2% if lucky, yet some think a stock should make 2% a day. Invest in a good profitable business and watch the management, for 80% of managers (big title liars) don't know their jobs, in charge of yes men.