When investing in lithium miners or any company, the golden rule for me is...are they established and what is the balance sheet looking like. I learnt some valuable lessons and dodged a big bullet:
Kidman Resources - I was saved at the last minute by the acquisition. Yes this may of recovered now but at the time I was not sleeping Boart Longyear - Well...I would have the top of the range Tesla in my garage with the amount of $$$ I lost in this company and it is still struggling even from the global mining recovery in the last 5+ years...A good management team is also a good point of interest I closely look at.
I am keen to hear from others though.....
ORE Price at posting:
$9.35 Sentiment: Buy Disclosure: Held