I'm glad I didn't take Joe's advice to bail out. I have been...

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niu

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01/05/22

23:05

Post #: 61135240
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Originally posted by butcherboy: ↑

I thought some of the new ex-GXY members might enjoy reading this thread from 2016 about our friend Joe Lowry. No disrespect intended to Joe by this post of mine, he is still considered by all to be a respected lithium market comentator, but this post of his does look like a bit of a howler. I guess we can say it was a very good thing that MPdS was brought on board to manage ORE a couple of years later in 2018. He's stopped posting on HC now (we believe @globallithium was actually him), can't blame him really, we're all anonymous so we can kind of get away with saying what we want, within legal constraints.

"ORE will do well in the near and mid term because of the shortage. Most of the Hot Copper crowd seems to care only about the short term which is fine and their choice. ORE is a case of it is better to be lucky than good. Enjoy.

"The fact that they can charge a premium for off-spec is great. They have time to correct the situation - I just don't like the BS about what is actually happening on the ground. Believe what you want. Any company producing lithium chemicals even if they can't meet standard specs will succeed for the next few years. The cult mentality of HC is similar to Seeking Alpha in the US - remember to take profits ladies and gentlemen because pigs get slaughtered........."

P.S. Any criticism in this thread by me of GXY was firmly directed at GXY Mk 1 which pretty much imploded under Iggy Tan. Clearly GXY Mk2 did very well and we as AKE shareholders are all privileged to retain the GXY assets.

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I'm glad I didn't take Joe's advice to bail out. I have been well rewarded for my patience.
I still chuckle at Joe convincing himself that I was Richard Seville - proof that he can get things badly wrong - but I do listen to his podcast and get many useful insights there.

AKE Price at posting: $12.25 Sentiment: Buy Disclosure: Held
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