To: TruthSerum who wrote (792 ) 7/4/2008 9:03:40 AM From: chester_what? Respond to I agree in theory of what you two are stating; however, one should also recognize what happened earlier in the year and last fall when good news, higher volumes, and price increases occurred. All it did was provide a conduit for unloading shares - essentially many speculators were waiting to unload their shares as soon as sufficient volume was present. I would suggest that using $125,000 to buy 500,000 shares at this point in time would be very short sighted and would not achieve its objective. Yes, you might raise the price to the low to mid thirties, but it would likely trend right back down to mid twenties. I think management should be more focused on the 43-101 then trying to make the share price appear better in the eyes of investors. Right now, 95% of mining juniors are trading quite similarly - LTH is no different - selling persists and people don't want their money in a sector where the metal prices are very soft, economic outlook is poor, and overall sentiment is negative. Thus, many will say this is at least a year hold at this point to get the returns desired - so what does burning $125,000 at this point do to help that....IMO - absolutely nothing. The price will recover in time if Lithic meets their objectives. It isn't just one or two sellers that require clearing out - there are more sellers than that, and any volume spike, more will appear...I can assure you.
