LKE 4.88% 4.3¢ lake resources n.l.

LKE towards TOP-5, page-8151

  1. 173 Posts.
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    Genuine question for you Dugsy. I am interested in your view on Lilac making the top 6 in Bolivia. Do you see this as a different process so not an indication the Lake and Kachi set up would have similar success?

    As for everyone else's views on what happened yesterday it seems that it's one of two things going on. A massive FU to the board and everyone as they axed Steve and he dumps the lot. This is possible for sure as people with a lot of $$$ can overlook the bad logic in dumping their holdings like this and missing out on $$ when they have had their ego slighted....

    or there really is something bad behind the scenes and Lake is in real trouble. Arguably the logic to dump all at once still doesn't fit with this narrative as could achieve more $$$ by selling in smaller parcels over time.

    Either can be very true here and I am hoping for the first one and feel good that I took out the initial investment on this one a while back and free rolling with my remaining holdings.

 
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