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re: Diving deeper on Standard Lithium?

Posted on 9/1/21 at 4:00 pm to
Posted by Pendulum
Member since Jan 2009
7589 posts
Posted on 9/1/21 at 4:00 pm to
A whole Lotta people panic sold last 2 weeks from the sounds of it. Couldn't handle not going up 5% everyday.
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 9/1/21 at 4:05 pm to
Tried to stay calm and bought up 25,000 shares, but will admit if not better after Labor Day, was gonna start the selling process....thankful for the updates today!
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/1/21 at 4:10 pm to
All the people that yell at me are gone

Guess they sold
Posted by Dock Holiday
Member since Sep 2015
1743 posts
Posted on 9/1/21 at 4:12 pm to
quote:

whole Lotta people panic sold last 2 weeks from the sounds of it. Couldn't handle not going up 5% everyday.



The last couple weeks have tested me... I still have not sold a share. Had a stop loss set at $5.50, but decided the same day to cancel the order and stick to my plan.. was feeling stupid at one point... felling less stupid today...
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 9/1/21 at 4:16 pm to
I didn't sell my long term shares but I'm still not happy with my decision not to sell at 8.5. That money is lost.

Glad we finally got a release from SLI, perhaps we'll get more this month
Posted by Pendulum
Member since Jan 2009
7589 posts
Posted on 9/1/21 at 4:17 pm to
It's a small cap, in between news drops, it's gonna be extremely volatile. Late july into early August was not sustainable, it was up for like 20 days straight or something. As long as no major changes to the major checkpoints, you must be able to endure that. Adjust your position to your volatility tolerance.

The secret in my limited small cap experience, is constantly deciphering whether things are starting to sound like bullshite or not. It can go pump and dump in a hurry, plenty of people doing great dd in here.
This post was edited on 9/1/21 at 4:19 pm
Posted by Shamoan
Member since Feb 2019
11506 posts
Posted on 9/1/21 at 4:19 pm to
I sold 30% hoping to try to swing it on the other side of $5.00. still glad to have the bump today, but this thing needs to keep running
Posted by jimjackandjose
Member since Jun 2011
6632 posts
Posted on 9/1/21 at 4:21 pm to
I sold 50% of my shares because it was equivalent to my wife's salary in gains. I wasnt going to let this thing drag down and lose those.
Assuming tomorrow is green, I'll buy a bunch back in. I wanted to see it break that very bearish pattern. Quite frankly, with no news today, it was headed to 4 dollar land quickly
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 9/1/21 at 4:22 pm to
Posted by GeauxldMember
Member since Nov 2003
4969 posts
Posted on 9/1/21 at 4:24 pm to
quote:

The board was pretty quiet here today given that I think this was the highest percentage daily gain (at the close) that SLI has ever had. Probably just more relief than anything that we got a break from the bloodletting.


Probably a lot of folks tending to storm clean up and the like. Trust me, when I saw the close yesterday, my heart sank a bit. Today was some much-needed good news! Made me glad I bought more last week.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/1/21 at 4:25 pm to
They only dropped news because they saw us talking shite in here
Posted by Shamoan
Member since Feb 2019
11506 posts
Posted on 9/1/21 at 4:29 pm to
we need to talk shite way more often.


honestly, im still kinda pissed that the management let it drop like it did. gotta keep the momentum. if its totally dependent on press releases, this thing is going to yo-yo like crazy and im going to be ready next time it does.
This post was edited on 9/1/21 at 4:32 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 9/1/21 at 4:46 pm to
Almost lost in the shuffle was the info Fe_Mike shared last night, presumably from Mintak responding to his email (assumption).

Obviously the update was early and under budget (with the quote being a week).

But I want to step back from that for one second and focus on this:

quote:

PEA on schedule and still expected Q3. Expect we’ll be getting that in September and the scope will be more extensive than anticipated. It is not a Tetra PEA. These economics are based on Standard’s rights in South Arkansas.


PEA on the whole enchilada is going to produce some eye popping numbers. It will change the whole equation. Particularly if it can encapsulate some of the bullish current and projected pricing. That will be a big day
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/1/21 at 4:55 pm to
We should figure out the recipe for lithium and make our own company with tweets and insider trading
This post was edited on 9/1/21 at 4:56 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 9/1/21 at 5:00 pm to
And my guess is that is the next PR…. Guesses below…
Tetra PEA-end of September
JV PR-end of October
FID on first plant PR- end of November

With maybe some other PR’s mixed in between on SIFT plant running 24/7, applications to other materials besides lithium, etc.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/1/21 at 5:01 pm to
Noooo do them quicker waiting sucks
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 9/1/21 at 5:03 pm to
quote:

A whole Lotta people panic sold last 2 weeks from the sounds of it. Couldn't handle not going up 5% everyday.


Swung traded this thing over the past couple of weeks, picked up almost another thousand shares after buying back in yesterday. I was lucky, could have easily gotten burned, but I was never out of this for the long haul.

Definitely going to just have to hold and wait now.
Posted by Shepherd88
Member since Dec 2013
4803 posts
Posted on 9/1/21 at 5:13 pm to
According to Fe Mike’s post, it won’t be a tetra PEA but a more all encompassing PEA in south Arkansas and appears to be further proof of technology beyond the bromine markets. Still hoping for that to release this month.
Posted by SmackoverHawg
Member since Oct 2011
28923 posts
Posted on 9/1/21 at 5:49 pm to
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 9/1/21 at 5:51 pm to
Thank goodness they came through. That news was nothing that this board didn’t already know though, lol!
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