Im with you
@forrestfield easiest money is being made on Lithium specs or any stock offering that potential and like you who am I to argue with Mr Market Ive lost track of how many lithium specs have at least doubled if not tripled quadrupled or even 10 bagged, sure it will end at some point but so long as you buy those near lows or yet to reach peer values Mr Market is happy to keep giving us money so why not take it
@Sector Lead I know how you feel, Ive found my style isnt suited to those on the DT thread as they are all concerned with making quick pips here and there were as my style is buy in early and low and wait for multi bagger returns
Also regarding Lithium I dont think following the majors is really a sign of how the sector is going when day after day you have spec stocks tripling on lithium news, some like SCI or CMY questionable rises imo
Also this may rub people the rong way but anyone punting PLS after its 40 bagged or GMM after its 60 bagged or GXY after its 20 bagged or NMT after its 20 bagged is asking for trouble, sure like PLS they may go higher but the risk to reward imo just isnt worth it
Me personally Im only happy to hold stocks that to me based on peers are fundamentally cheap or yet to run
theres very few left,
TMX for its
BGS connection was one at 0.6c/0.7c but thats doubled
CAV 0.9c/1c was another but that was more a no briner Cicero shell that would run to 2c like they all do which it has so profit time
For me the prudent thing to do as these run is to take profits and if I bang on at the lows you can be sure I will post when Im locking in my profits
The only "cheap" Lithium stocks I have left and by cheap Im talking comparison to peers based on facts and fundamentals and nothing else that Im holding are
EMH but this one is really testing my patience, im starting to think this one will continue to trade at a huge discount due to its lower grade and depth until it pulls of an offtake or production solution which convinces the market hte deposit is going ahead and then it will fly
PSC Ive taken a very big punt here at 1.4c/1.5c because Im convinced based on the comparison to BGS it will be $30m-$50m
TKL having locked in profits on the previous spike I bought some of that back as its permits arent moose pasture, will do a STT entry soon to outline exactly why I think this one offers big upside
thats it really for me as the rest of the sector is just too overvalued with explorers like PIO ADV DKO trading with market caps of $50m+ one just a few drill hits, PIO to think I loaded up on that one 1.2c avg and sold most on that spike to 2.5c just look how much money I left on the table but to me $25m is the max market cap Id be prepared to offer an explorer in my head unless it has a target deposit like BGS did (thanks for the 5/6 bagger there) and PSC does
Ive got some punt positions in
GBX CHK MNE AVZ as a potential for them to do a lithium deal because given their market caps if they do something Id expect them to at least double from current levels but they are totaly dependent on them announcing lithium or in the case of GBX CHK more lithium projects
