MTL 0.00% 0.2¢ mantle minerals limited

Drilling lithium Brine August Lida Valley, page-80

  1. 8,073 Posts.
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    as discussed, with so many shares on issue there is a chance it will only run so far, and at this stage even that is an 'if'', there is also a chance that it is sold off on news, so again with so many shares on issue one will struggle to get out at their ideal price if there is a sell off.

    At the moment '1 or 2 pips' is 25-50%, we arent talking about a couple of % here.

    We are sill dealing with a dog stock at this stage, yep dog stocks like this that have dropped 180% in about 6 months before. One must remember most speckies are based on pipe-dreams, and most of their management hide behind share-holders money, living comfortably while their companies never make any sustainable profit. So I would choose your entry very wisely, especially if putting a fair amount of $'s on the line.
 
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