Just thought that I would start a list of the reasons that people have given as to why LKE is no good.
1 Hopeless management in general
2 Steve is hopeless has been involved in a failed company (Indochin)
3 Companies finances are a joke
4 Company is to diluted
5 Company never is on time
6 Company is poorly run
7 Company spends all its money on directors fees
8 Company spends all its money on self promotion
9 Lithium grades are to low
10 Lilac are hiding real results
12 Hazen produced the Lithium
13 anyone can produce high grades in a shed if they pump enough money in
14 Lilac are fraudulent
15 Altitude will affect production
16 Leases will be a problem
17 there are no roads
18 theres no township nearby
19 its too remote
20 Argentina has a debt crisis
21 Argentina is about to fall into the hands of anti mining leftists
22 DLE never proven
23 reinjecting wont work
24 to many webinars
25 the internet reception at the nearby town is poor
Please add more as this list is by no means exhaustive
Congradulations to all those who ignored the above and who held firm.
Investing in and holding on to LKE was the best investment decision I ever made. Lets hope that the party continues (ps hope is not a strategy)
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Price($) | Vol. | No. |
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