Mutley looking for a medal mate woof woof woof

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Fredkruger

35 Posts.

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06/09/19

19:26

Post #: 40344765
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Originally posted by Mutley8: ↑

“So, a stock that is closer to the bottom than the top, you think is a good idea to sell, instead of buy”

LOL where is the bottom then? Tell us your experienced opinion? 15c? 20c? The place is not making sufficient profit to pay its bills as it should with the current spodumene prices. My point is what is the catalyst to lift the SP above 40c for example? Zero for at least another year as there is zero interest to do so.

How much profit does PLS make each quarter at current spod market prices? Answer that in black and white?

So why on earth would anyone throw more dead money into a dwindling stock, as you just mentioned “is closer to the bottom” inferring there is more SP fall to come. Your words not mine! lol. So why on earth would a level headed person sink more money after bad when there are better opportunities out there? Pumping away and cross the fingers is not an answer to that.

“A stock that has just derisked itself, you think is a sell, instead of a buy.”

Derisked.....my goodness you are kidding right? The market has spoken and disagrees with you. 80 to sub 35c in 6 months and a massive CR for 15-20% dilution? With the SP dropping more as per your words looking for a bottom. Probably a false bottom at that. Looks mighty risky to me of shareholders not making a dime!

So I say again. Why on earth would anyone throw good money after bad and donate to the SPP? Let the big boys carry the weight! Invest your dough somewhere with better prospects imo.

Expand

Originally posted by Mutley8: ↑

“So, a stock that is closer to the bottom than the top, you think is a good idea to sell, instead of buy”

LOL where is the bottom then? Tell us your experienced opinion? 15c? 20c? The place is not making sufficient profit to pay its bills as it should with the current spodumene prices. My point is what is the catalyst to lift the SP above 40c for example? Zero for at least another year as there is zero interest to do so.

How much profit does PLS make each quarter at current spod market prices? Answer that in black and white?

So why on earth would anyone throw more dead money into a dwindling stock, as you just mentioned “is closer to the bottom” inferring there is more SP fall to come. Your words not mine! lol. So why on earth would a level headed person sink more money after bad when there are better opportunities out there? Pumping away and cross the fingers is not an answer to that.

“A stock that has just derisked itself, you think is a sell, instead of a buy.”

Derisked.....my goodness you are kidding right? The market has spoken and disagrees with you. 80 to sub 35c in 6 months and a massive CR for 15-20% dilution? With the SP dropping more as per your words looking for a bottom. Probably a false bottom at that. Looks mighty risky to me of shareholders not making a dime!

So I say again. Why on earth would anyone throw good money after bad and donate to the SPP? Let the big boys carry the weight! Invest your dough somewhere with better prospects imo.

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Mutley looking for a medal mate woof woof woof

PLS Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
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