Member Info for marc001

Exactly - herd mentality never made anyone rich. It’s bear markets like this that will separate those out with true conviction from the tourists around for the good times. I believe in BMN and the future demand of Vanadium - I don’t need bullish news to buy.

But those who think ‘yeah, I’ll just wait until V goes on an another run and buy then’ - sorry to burst your bubble but the smart money will have front run you well before that. Well BMN one day takes off again you won’t get advance warning and it will happen when you least expect it…

Here’s the cool thing with BMN, it’s a proxy share for the V price. So yeah, whilst there’s always an uncertainty / risk with the mining business, when the V price takes off again (and I’m sure it will) up we go IMO. That said, as we enter a bear market for stocks I’d be doubtful of a SP recovery now for at least another year. Plenty of time to buy the dip then!

The pre-sold thing I didn’t agree with, it’s just what someone said.

Only since August last year. It’s just what I hear on Twitter, but I don’t necessarily believe it. But if not shorts - where are all these super cheap shares coming from that have crushed the SP?

Can all the short term traders do one please - if you want to trade BMN just do it and stop talking nonsense and pretending you have any idea about this company. Nobody gives a stuff what you think, and frankly this dip to the lows will be a spec in the charts in future - if those here for the long hall don’t give a monkeys what the SP does short term. The only time you care is if your over invested or gambling with cash you can’t afforded.

Well if the shorters are euphoric, then there’s a danger they could be close to being blown out of the water if the tide turns - and it will, the day will come. All trends eventually end, and so too will this one.

It’s not in while folks are speculating where the bottom is ;-) That said, plenty of vultures swooping by the forum is a sign that bloodshed is beginning to occur, so that’s a positive sign. If it is the case there’s heavy shorting, they have to eventually cover and buyer interest is beginning to show from the vultures- they are after all likely buyers at some level.

I think we have closed that March 2017 gap now mind you, or we almost have...

To be fair, although you're positively relishing these discounted SP's, we haven't seen capitulation here IMO. I'm looking for large sell volume on the daily to confirm were at, or at least close to - not seeing anything like that yet.

Ah - there we go - true to form, lol

Doubt it, they will be waiting for buys but nobodys buying due to rate rise today IMO

https://www.mining.com/web/lithium-price-resumes-insane-gains-to-add-pressure-on-automakers/

I’m sure Ben’s not deliberately being ageist here. Comment re: apprentice likely to be sincere in that someone needs to inherit the skills (I.e hopefully that’s not the only top expert out there).

Thanks - kind of assumed that, I imagine plenty will fall for it though.

Sorry, topic title should say ‘Lind Overhang’ - I fat fingered it

So the Lind shares, pre-selling this week (and hence the sharp drop)? That’s what I hear from Twitter anyway. Can anyone confirm on this pls.

Agreed - but not everyone has cast iron conviction and the ability to hold at a loss. Whomever is manipulating this share is on borrowed time - V prices rises big due to China stimulus package IMO putting a floor under metals

In a way that’s bullish for V miners - the smart money will want as few bulls on board when the train sets off. How do you achieve that? Crush sentiment into the ground and break their spirits…

LPV starts trading end of Sept (direct exposure to V prices), interesting timing given V prices appear to be on the rise again.