Sep. 25 at 3:35 AM
$SYAXD
Many like myself bought into Sayona when lithium prices were steadily climbing.
The only other commodity I had traded was oil. But I entered that at the bottom.
I learned a hard lesson here. Cyclic commodities fall hard in a down cycle. So you need to get out early on the slide instead of buying the dips.
I’m still a lithium bull, just timed it wrong. The cycle will reverse. News today moved LAC up over 90%.
I like Sayona’s holdings. They are way ahead of many others having permits and actually producing. So I gambled and bought 3 Million additional shares at .012 before the RS. After the RS my account shows 28,317 shares.
Today SYA closed at roughly
$2.23 USD.
2026 lithium projections seem to indicate that this could more than double and be trading
$7 + in about a year. That would give me an ROI over 100%. But I am planning on a 5 year term hold for now.
But then again we have politics, the FED and our fickle fearless leader as wild cards to deal with.