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tikotiko

12/02/19 10:33 PM

#1486 RE: instructmba #1485

I did buy today. I used to have well over 300k shares, but I sold over half in several chunks between 0.06 and $0.10 with lots of doubt/regret and with a strategy to buy them lower, which I hope will prove successful. I can’t predict where true bottom will be, so I will always keep some cash on the side. Most important for me is that I did not want to start buying until I felt that the company was going to survive (IMO, it looked quite bleak a couple of times this year). I think that the worst is over and that the company is gradually being de-risked, but I still plan to proceed carefully. There is still risk and there may be new surprises, even though nothing surprises me anymore in regards to lithium. Nevertheless, I think that the news over the last couple of months confirm that Altura will not only survive, but also that it will succeed thanks to the great resource, excellent operation/product, solid partners and top notch management. My plan is to exceed 200k shares by the end of this year and perhaps double that next year as new IRA contributions and other funds become available. I would be very happy if I can get my average to the $0.06s or $0.07s before take off!