Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I've taken the opportunity to buy more. I sold some mining shares and bought another couple of K.
I know it isn't enjoyable seeing the price fall like this but it is falling on no news just as it rises sometimes on no news. I believe in the company so it doesn't really matter a penny or two either way is irrelevant and I'm fully aware that my holding could fall to worthless if I'm wrong or it could multi bag if I'm correct.
I'm comfortable with that risk.
You need a 100% rise, those things don't happen that often, I'm in a similar boat
I think its been built in at the moment.
I was fortunate to be on a Zoom call with Bill last week and there are many things in the pipeline that are really exciting for Alien so even if its built in short term it only looks good for the future.
Steve, think carefully about averaging down.
Look at it like this.
Forget you hold any stock in CINE at all. If I gave you 1k and said go invest it, would you go straight to CINE with it. If that is the case then sure buy some but if not then invest it elsewhere.
I sold mine on 212. They aren't very good at handling this type of event and I know it will go badly! Actually worked okay in this instance as price had dropped a bit when I repurchased elsewhere.
I timed that perfect by chance.
Took dog out and SP opened up and I thought ah well missed the chance but for some reason it dropped so grabbed my last 5k in ISA and now its popped back up!
That never happens to me, must be an omen!
I wish I could stop looking at SP and just leave it be. I'm finding it really tough, I've sunk so much into this and I'm certain it will come good in the end but seeing these paper loses really sting. Like losing a months salary everyday at the moment.......
Perhaps Ill just get the Xbox back out the cupboard for a month or so!