Re: Q2 Results - LAC reporting a profit
in response to
by
posted on
Aug 11, 2023 09:37PM
HC Andersen: "SP level should be on sale, but as my wife says, I've heard that"
HC, I am the lead character in the Nevada movie with the same plot. Funny, but the dialogue is the same here in Northern Nevada in my house.
My guess is that we are not the only two LAC investors to have listened to that same dialogue. I used to reply:
"Honey, just wait till next year. The stars in the heavens are all aligned and next year we will finally see the long (as in YEARS!) awaited ROI!"
Her reply has changed slightly and become more hostile. This year after the decline in the share price following the "Be All, End All" Judge Du decision her tune changed to something similar to: "HOGWASH". Simiar to, but a little more emphatic and less dignified, but I don't want to have my note bleeped out so "HOGWASH" is a sanitized version.
Anyone else out there in the doghouse with their spouse regarding unfullfilled promises about "UP and to the RIght" that they have made to their own spouse?
Of course there is! Who isn't ducking that thrown glass plate or coffee cup from their spouse now when you try to put some thin layer of sugar coating over the bad news that is supposed to be good news?
My take, not that it is worth anything or that it will once again return domestic trnaquility to my household, but I see this as an ideal situation for Big and Deep Pockets to pick up ultra cheap shares at the expense of too long frustrated LAC retail investors hanging by a thread, a very thin thread for some of us.
OK, you can toss my view off as a "Conspiracy Theory" if it makes you feel better, but why else would a comapny with a tremendous abount of "Good News" keep tripping over its own feet and the wallets of its long time retail investors?
Someone will reply that it is all because of the drop in the price of lithium in China, right?
Well, for me anyway, that doesn't hold a lot of tea because the quality of the hard rock being mined in China doesn't hold a Chopstick to the quality of the brine in Northern Argentina, much less the Lithium Clay in Humboldt County, Nevada, USA.
Take my comments with a grain of salt because I eat a ton of frustration before making them, but as a retail investor I fully recognize how minute my shares are in the whole scheme of things when LAC is being power played by Institutional and other large investors. Markets can be manipulated.
I will give credit to HC when he said:
"can it be deliberate that they have delayed CO?, until the separation."
Anything is possible. I believe even more that anything is possible after seeing all of the "Good News" earlier this year being followed up by the LAC share price taking a mud bath as if it were a pig prior to the slaughter.
Best wishes won't pay your mortgage or mine, but I can still wish best to all LAC share holders.
Hopefully the fog will clear, but in the meantime: Onward Through the FOG!
Okiedo