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Re: nowwhat2 post# 6406

Friday, 05/04/2018 12:48:07 PM

Friday, May 04, 2018 12:48:07 PM

Post# of 10478
That's the great thing about being LAC long.

If you've done your DD, and purchased your shares at a good price, then there is NO HIGH DRAMA. Your perspective is broader as you stay aware of trends in the lithium sector (because you may want to BTFD), but you really don't care too much whether the PPS is up, down or unchanged in the short term. Instead, you're secure that you are already playing with house money (having previously bought and sold your way up the ladder to holding a satisfactory number of shares, all of which are already totally paid for by trading LAC, along with pocketing a tidy profit). Because of this experience, not charts based upon dubious factual underpinnings, you sleep very well at night knowing that, with patience and by staying the course, you have a much better than average chance of really making some serious money after LAC starts production (and maybe sooner, depending upon possible consolidation, off-take agreements, and other potential deals).

You see, Nowhat, Jet, myself, and others here have been at this for 4 - 5 years or longer and if you wanted to chart that, well, it would be an extremely vertical chart. We were lucky enough to buy plenty of shares in the 30 cent a share range, or even lower in some cases. So now, as Jet points out from time-to-time, we're very much in the green and smiling. And none of it was done with charts, but rather with solid DD, logic, but most of all, patience, which has all paid off and will continue to do so (IMHO) for those just getting in now, if they too stay the course. And best of all, it's a solid profit made from a nascent mining company, which has yet to produce a spoonful of lithium or make a profit of its own. Corporate profits are what push up PPS on a consistent basis and without them, there can be long dry spells while investors await positive news portending production and profits. Just imagine what kind of return we will get from LAC once it starts production in about 1 1/2 years and the positive quarterly reports start rolling in, consistently ever higher in gross revenue and profit!!

So, NO HIGH DRAMA needed or expected here. Thanks all the same, but I get enough of that from my wife!!

GLTA!! Stay the course and LAC longgggg!!!
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