International Lithium Corp. and Pioneer Resources Discover Lost Pegmatite, page-16

First 16 Last

Share
Profile

Follow
oceanpirate

288 Posts.

28/07/16

11:04

Post #: 18386341
Share

Originally posted by Basileus ↑

Appreciate the words - thanks Chill.

I don't worry about the sledging and sarcasm from some. At the end of the day a rude post will not save their dollars. And anyway - it is their dollars - their choices.

I have always been clear about my intentions. I am looking at PIO as a trade. And I call the detail as I see it - I could be wrong. The only judge of who is right and who is wrong will be the SP. And currently - that judge is falling my way.

I was thinking about a longer term holding using profits acquired from past trades of PIO. However, I might wait until some further de-risking becomes apparent.

I think this (as a trade) is a delicate balance between a stalled SP - buyer ambivalence and the release of an announcement. I try and ride the waves. Buyer ambivalence and a lack of news will slowly send the SP down (happens all the time) then I will buy with one eye to the horizon for a news item that will provide a tail wind for the SP. Once I have acquired my predetermined percentage gain on the run up - I hop out. That's the plan - and I have got it wrong from time to time. Oh well ... that's the market.

And if there are players here (LT or otherwise) who simply dismiss the sheer number of current lithium explorers and the fact that many will not even go close to realising their ambitions - I am very glad that they are playing with their dollars and not mine. Ignoring that fact is just plain dumb - in my view.

Actually, you are correct I am reviewing my 3c buy order. I might go to the 2.8 or a tad lower.

And yes - like you I am here to make dollars so that my family can enjoy a better lifestyle. My family are my club. PIO is not my club.

Good luck to you Chill and others. Everyone has different goals and objectives - learn to live with it - I say!

Just my views

Expand

Welcome to the PIO club......??????

PIO Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

OJC

SPC to merge with Original Juice Co and Nature One Dairy

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 14 more messages in this thread...

First 16 Last

Add ESS (ASX) to my watchlist

International Lithium Corp. and Pioneer Resources Discover Lost Pegmatite, page-16

Top Stories

SPC to merge with Original Juice Co and Nature One Dairy

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News