Running Commentary On The Share Price, page-321

The stock markets simply about risk, not reward. Simply risk and how best to mitigate the potential lose. That’s all!

One thing above all else that has changed is lithium which I feel is a pretty good incentive for management to change if they like money that is and not just rolling a company and holders till the register runs out of cash. There’s real money to be made in lithium and the demand is only increasing.

It was only about six months ago when all the government changes were being made for the future and for a greener earth that lithium became such a valuable resource and anyone that has lithium will make money even LRS management and I’m pretty sure management know all to well now they have to get moving and pull their heads out of the sand.

It’s true they only have drill results and past mining history to even suggest they actually have anything substantial and if LRS are just filling their pockets and feeding the market complete BS that’s life and the market and the market is complete BS 90% of the time yet we play because as humans we like to be right even more so than making money sometimes which is why so many people suck at cutting loses because that’s accepting they made an error and it may have only been timing that’s all but then the emotions roll in and it’s all over for the flustered and if it wasn’t for people making errors and buying and selling on the wrong end, we when we win that is wouldn’t make any money.

If the drill results are good and the Chinese do approach management I’m sure anyone that’s out will buy in and if the results are crap you’re lucky and didn’t loose anything.

It’s another one of those it’ll either go from complete crap to 20cents or it’ll fizzle back to the cave on 0.004.

It’s all about the risk and taking everything onboard not just the company and management but what’s happening in the world as well.

Good luck to everyone and hopefully LRS does makes us smile and if not at least we gave it a go and better luck on other tickers.