ESS 0.00% 50.0¢ essential metals limited

Smart move that TH - Brexit, page-34

  1. 1,529 Posts.
    PIO management have years of experience behind them..they have enough cash for 6 months according to their previous conference..they already earnt 400k from ontario..and basically they have been going it alone for years..now they can combine the ilc management experience and the Ganfeng management experience..that's a lot of experience..PIO has an advantage over others with that backing..PIO have now built a solid foundation more solid than most and from before..the offtake agreement for mavis i think we all know where that is coming from..PIO has advanced high grade lithium projects they have a high grade gold projects..all this gives them an advantage..they have already been offered other lithium projects in Ontario...they could've just said hey that's enough for us but no they decided to pick up more in WA...when they hit the target which they have proven they can do in the past..they will get the backing they need and the interest they need, because of the backing , that will be why they were chosen by ILC and ganfeng because they know how to discover...the base they have built is strong..and i don't see a lot of crumbling of that foundation in the near future..if they take an sp hit i imagine it will not be as severe as others if at all..we took a hit when it went to 10c and rightly it dropped the others are taking hits it is their turn....imo they rose too fast....the sp will fluctuate as it has done..only the fear factor of people who don't understand where PIO is going will toy with the sp as well as brokers out to make a quick buck....mom and dads who listen to the media for example..media preys on peoples fears and like to exaggerate...pio will be on the similar rocky road to riches as in the past....just my thoughts.. ..make your own judgement...ilc has stayed steady not much of a fluctuation at all in sp with the brexit..can't see why pio wont..unless people start doing the chook without the head thing...enjoy the ride..

    http://www.cnbc.com/2016/03/04/warren-buffett-buy-hold-and-dont-watch-too-closely.html
 
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