Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Oil, thank you for neatly summarising the problem here. Glibly stating that I should just "wait for a 7% increase and all will be fine" - I first invested back in April. We are currently 5% down on where we were then and I have been waiting for that payday ever since. I decided that 6 months was long enough and people have been making posts like yours saying: "Just wait a couple of days, just wait a week, just wait a month, wait til the creditor overhang clears, £4 next week guaranteed" etc etc but it never ever happened.
It's funny how sneary a handful of posters were getting when I "missed the boat" cos it got to 380 for all of about 12 minutes - and now it's back in the low 360s again just treading water, up down up down. No peace of mind, no profit, not a good use of my time. Hence why I'm out.
To those saying I missed the "big rise". I sold at 360, it got to just over 370 yesterday and is now down 5 p again today. I mean at what point do you stop lamenting what gains you could have been making and move on? You're missing the whole point that the reason for exiting was the daily stress of watching this thing bounce up and down like a yo yo, with no apparent sense of it being tethered to the financial reality of the business was wasteful, stressful and not in any way remunerative for me financially. Hence why I'm out of the stock market. It's actually been a waste of time even posting this. Good luck all. I'm off to mediate and enjoy a walk in nature!
Took my chance to sell off on a bit of a rise today. Net loss of 200 quid on a 40K investment over nearly 6 months. Huge waste of time and nervous energy but a lesson learned. The stock market ain't for me! Enjoy the rollercoaster gents. I'm out.
I'm right where we are now. 362. I don't really know where to go with it. Cash in my chips and leave with nett zero (but no losses)? Or do I see if it will go up to like 430 - if it does, that's an extra £8K (I've got 40ks worth of shares atm). There was a time when I thought 600 by end of year was realistic. I now think that is dreaming and the share feels like a bit of a dud. I don't know, it's a tough one. I don't trade so not buying on dips or any of that...