LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3377

It is simple IMO. You are correct. A paper loss only crystallises upon selling. Of course one should not hold on to a company that goes from $3.20 down to .001c after 5 to 6 years of a continual slide down into bankruptcy. That is just financial suicide.

But this is the Lion, an ASX100 listed company, with tier 1 offtake agreements, ready for commissioning and soon heading into production. We have already shown those toss pot blow ins who down-ramped like crazy on our darkest red days, that their estimates of 30 cents, 50 cents etc. were just totally ridiculous wild guesses based on nothing factual or any diligent research.

All this past couple of months has done for me, and I’m sure many others, is allow us to increase our holdings of this awesome company. The benefits we will see down the track IMO will silence all the critics, who by then would have moved on to another blood sucking project.

GLTAH. Onward.