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re: Diving deeper on Standard Lithium?

Posted on 1/4/21 at 6:00 pm to
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 1/4/21 at 6:00 pm to
Where did you see the price target?
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 1/4/21 at 10:11 pm to
Zoom.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 1/4/21 at 10:13 pm to
quote:

ust to be clear, he smiled his big shite eating grin at you over the phone?


I'm full of shite. Ignore me. I really clueless about all this.
Posted by Auburn1968
NYC
Member since Mar 2019
23028 posts
Posted on 1/6/21 at 9:10 am to
It keeps on marching up.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 1/7/21 at 9:44 am to
Doing alright today. Seems like this run ups settle out at new high, then positive press release 2-3 weeks later. Think the border will be opening up with Biden "win"? That'll bump it. Then next one will be shite is going and we have buyers and profits...boom$15+/share. How high depends on attention it gets and future lithium price speculation.

I predict their cost of extraction will be lower than predicted, potential output will be higher for sure due to reduction of 72 hour turnaround from brine to finished product being reduced to 6. Not to mention all 4 sites prepped or being prepped. I think they get rolling and up production waaaay faster than anticipated. I would. Would kill all the other jr. lithium co's before they can develop/steal technology, and cripple the current big players. Then it will depend on prices. They can cut or ramp up produce essentially instantly depending on price and demand. Watch LNXSF. I am accumulation, but if we get a hot mess related to election/protests and see a big market drop, I'm going to LOAD up on LNXSF and MTDR (unrelated) Will have to see on STLHF considering my sizable holdings currently.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 1/7/21 at 9:46 am to
$2.45 currently, hit $2.50. Will be $2.75-$3.00 before too long.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/7/21 at 9:47 am to
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 1/7/21 at 9:54 am to
Sitting on 2730 shares. I need to buy more. Thanks for the info and thread.
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1082 posts
Posted on 1/7/21 at 10:03 am to
Ment to buy back in, haven't looked at it in a few days until now. Can I get a dip lol
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2890 posts
Posted on 1/7/21 at 10:05 am to
I'd just buy, especially with LAC going up like it is.
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1082 posts
Posted on 1/7/21 at 10:09 am to
Yep didn't know they were shooting up also, thank you.
Posted by Fe_Mike
Member since Jul 2015
3537 posts
Posted on 1/7/21 at 10:18 am to
Yeh this isn't really a swing play, this is buy and hold. Waiting for a dip won't really impact long term outlook. I'm steady buying on the way up. Cost basis is $2.00 even right now, might buy it up to $2.15/2.20 this week.

Stanli is organically growing right now on no news; positive sign for sure. If this thing can get uplisted without a reverse look out.
Posted by Woodbird
Member since Jun 2017
271 posts
Posted on 1/7/21 at 10:25 am to
quote:

$2.45 currently, hit $2.50. Will be $2.75-$3.00 before too long.


Up to $2.60 quickly.
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1082 posts
Posted on 1/7/21 at 10:37 am to
Just got an email from Benchmark saying this
quote:

Moving on up

Benchmark's latest data shows that lithium prices are seeing their first sustained rise in three years, bringing an end to lithium's bear market.



Wasn't trying to swing it just had got out of it for a while and made some money in other stuff. Would of bought this morning when it was 2.35 if I realized what was going on with it and LAC.
This post was edited on 1/7/21 at 10:41 am
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/7/21 at 1:58 pm to
Almost 2.70
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 1/7/21 at 2:01 pm to
Come on baby, daddy needs a new truck!

I had $15k to put in this at $0.85 and didn't put it all in. I've been buying all the way up and now have the $15k at a basis of $1.86.

I'm selling when I can buy a new truck cash. That may be a mistake too though because I did that with my wife's Telluride and that money is up over $15k of when I sold it
Posted by Woodbird
Member since Jun 2017
271 posts
Posted on 1/7/21 at 2:10 pm to
This is fun.
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1352 posts
Posted on 1/7/21 at 2:14 pm to
Sitting with 20,000 shares at $1.86. I hope to get 30,000+ before this goes wild...Seems to be doing another leg up. Lets see if the pattern holds and we sit around this value for 1.5 months.
This post was edited on 1/7/21 at 2:25 pm
Posted by Dock Holiday
Member since Sep 2015
1740 posts
Posted on 1/7/21 at 2:20 pm to
Sold my ABML profit and wanted to stay in the lithium business. Glad I read this thread, only wish I read it sooner. Thanks guys.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 1/7/21 at 2:38 pm to
quote:

I'm selling when I can buy a new truck cash. That may be a mistake too though because I did that with my wife's Telluride and that money is up over $15k of when I sold it


Just pick out a fancier truck!
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