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re: Diving deeper on Standard Lithium?

Posted on 11/11/21 at 12:28 pm to
Posted by SouthMSReb
Member since Dec 2013
4427 posts
Posted on 11/11/21 at 12:28 pm to
quote:

You realize they aren't doing any of this on a actual production scale right? Right now we are waiting for some company to show confidence that there is potential here and actually put up actual real money to make it happen to full scale (JV). There is no reason to think this announcement is coming any day now outside of things posted by someone who lives in Arkansas in this thread. I'm thankful for that insight, dont get me wrong, but still the company itself, is doing nothing that would indicate it's impending imo.

The potential for what you are saying is why I hold; and they have such a lead on others trying to do the same extraction process, that the price action over last year is rewarding us for holding. They have the ability to demonstrate the technology although, as far as I know, we have gotten no actual numbers about what is actually being produced in their demonstration unit, I could be wrong on that?


Sounds like we're on the same page. This is a speculative stock. If it weren't speculative, the market cap would be > 1.5bn. The yet to be answered question about scalability is just about the only holdup on this thing. For my risk tolerance, that's enough for me to be invested.

I guess you'd like each of us to say "this is a speculative stock, it could go down in the short term" in every one of our positive posts... not sure who needs to hear that, but if they need to hear that from this board, they probably should be investing on their own.
Posted by Pendulum
Member since Jan 2009
7073 posts
Posted on 11/11/21 at 12:37 pm to
For sure,
You don't get the immense possible gains a stock has like this one, without the speculative risk. It comes hand and hand.

I would hate to see some people buying at these $10-12 prices because they are expecting a news pop in the next week, and then panic selling at a loss a couple weeks later. Those of us with large positions with very small cost-basis's probably haven't added a whole lot in the last month, and the newbies need to know that.
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