LRS-Latin Resources explorer -MONSTER IN THE MAKING!!

[Sous87]

Market just hammering everything. Out of the 10 or 12 stocks I follow NWE only one holding some sort of flame to the howling winds but I’m down below break even on that one still too.

IXR, MAY, VR8, LRS … doesn’t matter what your pulling out the ground right now or how impressive the find, the sentiment is in the toilet for prospect stocks.
Luckily the right picks will bounce back one day, just requires holding tight I think.

[nztx]

Market just hammering everything. Out of the 10 or 12 stocks I follow NWE only one holding some sort of flame to the howling winds but I’m down below break even on that one still too.

IXR, MAY, VR8, LRS … doesn’t matter what your pulling out the ground right now or how impressive the find, the sentiment is in the toilet for prospect stocks.
Luckily the right picks will bounce back one day, just requires holding tight I think.

Yes .. that appears to be the case .. RBA not helping things & possibly nervousness with new Govt in too

Good buying coming up if things continue to sag .. just picking the bottom & turn point will be the issue

Have good past buffers, but current holdings are in a net unrealised red even with Woodside in the mix

[JBmurc]

Yeah I wish I exited early April taking of least 50% of my high flyers .funny how greed can make you hold for set targets when you already up massively ...


Yes sous87 I don't see much point Selling at present levels bumping along on lower levels......LRS has a Great cash backing now with muti project upside

[nztx]

https://stockhead.com.au/news/rba-ta...-more-to-come/


RBA takes the bigger stick to households, beats around head and body, says: ‘Enjoy, more to come’

[JBmurc]

LRS>MAR-QTY>MT-03 COPPER PROJECT, PERU
The environmental licence for drill permit was approved by Peru Mines department in March.
The final approval for drill permit is expected in May.

PERU copper drilling would be a great extra project to boost LRS market interest...

Latest LME Inventories update: Copper -20,200t , biggest tonnage decline in 20 years

Copper prices tipped to go ‘ballistic’ as EV revolution causes supplies to run out

Experts are sounding the alarm about an “extreme” shortage on the horizon that could send prices skyrocketing for scores of essential products.
https://www.news.com.au/finance/busi...dcf286af4c?amp

[troyvdh]

The main point is I believe sadly that again it has been displayed ... how the SM is kinda like a casino.Yes LRS would probably qualify as a penny stock.Perhaps I am stating the obvious and that there are few certainties in life...But LRS does appear to have some potential.I suppose it would be prudent to keep an eye on the major shareholders ........cheers,

[troyvdh]

WOW...I suppose you cannot argue with the mkt.

[JBmurc]

I do wonder when LRS will find a bottom .. some of the highest grade hits of Lithium 3% going around ... strike at 1km length... 35mill in cash backing ..

those TAX loss sellers are running for the door but might well be kicking themselves JUL onwards ...the macro factors aren't changing for Lithium every year going forward we have increasing demands ...even if all projects under development reach production on time their still will be a shortfall ...

Just Like the Energy sector during the COVID madness sell-off to NEG levels the reality comes back twice as strong ...

[percy]

https://click.mail.proactiveinvestor...50752a57899428

[JBmurc]

https://catalysthunter.com/company/lrs/