GL1 0.00% 27.5¢ global lithium resources limited

Fully agree, as much as it hurts to see, and even my beloved...

  1. 699 Posts.
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    Fully agree, as much as it hurts to see, and even my beloved CXO, watching it fall from $1.80 to 18 cents today, it stings so much. But once we ride the wave and the sentiment swings, we see how far things can get a move on. I will be buying more and have been for the last few weeks small parcels at a time. I'm stressed out because of my dad who invested a heap and now going off at me seeing it crash 70% on him. I'm not stressed about myself at all. It'll turn, look at the iron ore industry back in the day, same thing, China manipulated the industry at the start, caused massive volatility in prices, many companies almost had to close, but once it matured, the true bottom was settled and the volatility settled, it'll happen soon for lithium too, many companies will go into C&M, massive under investment will happen at these prices, meaning lack of supply, Chinese battery manufacturers empty, meaning higher long term prices.
 
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