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ESS essential metals limited

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It's a fallacy to believe HC has that much influence I bought...

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Milcom

1,353 Posts.

402

07/03/23

08:52

Post #: 66637269
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Originally posted by InItEarly: ↑

Milcom has been downramping the stock for ages and I would be surprised if he wasn't financially motivated to do so.

So if he has moved you, you've been sucked in.

The wait is the hardest part but I think there is almost no prospect of less than 50c.

So there is opportunity cost in the hold. Thats a reason to sell.

But smarter money sees probably 25% upside in buying up and holding for less than six months.

I think that's the right of it.

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It's a fallacy to believe HC has that much influence

I bought long time ago as I hoped they could become the next CXO but ESS has failed in growing the resource at all. Lowering the cut-off grade is just nonsense and I turned bearish after that.
The bid at 50c was a god send, without it I am sure this would be in the 20's.

Higher bid or not that's the only question. My bet is not so I got out, very simple.

Iran now claims they found the worlds 2nd largest lithium deposit. If true then the spot price could fall further

ESS Price at posting: 49.5¢ Sentiment: None Disclosure: Not Held
6 Upvote

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It's a fallacy to believe HC has that much influence I bought...

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