RE:This has all happened beforeUknowit wrote: Remember when we ran to a high of .375 on September 5th? We then retraced and had a flush hitting a low of .24 and then recovered. That’s a difference of .135. On October 30th and 31st we closed at .475 and today we hit a low of .31. That’s a difference of .165. Both these lows involved the triggering of stop losses and the share price rebounded quickly. Each time this happened we reset the chart to allow for more upward share price movement. That was what occurred today and though it rattled some cages, it set the stage for even higher highs.
Fat announced completion of Phase 2 drilling on April 25th of this year and released results on May 30th (36 days). Fat announced completion of the next drill (dyke 1) on October 11th so based on the previous timeline we can expect the results mid-November - maybe even next week. We have already seen the photos of those cores and they look extremely positive. We also have the Manitoba Minerals and Mining Convention coming up on November 14th and 15th.
The Company will be attending the Manitoba Mining and Minerals Convention November 14 and 15 in Winnipeg. Two presentations based on the Zoro Lithium Property will be given at the convention. The first will be a description of the geological setting and exploration of the Zoro lithium-bearing pegmatites by Orix Geoscience Principal Geologist Shastri Ramnath. The second will be delivered by Dr. Robert Linnen of the University of Western Ontario and will describe the results of research into geochemical and mineralogical haloes adjacent to the Zoro Dyke 1 pegmatite and their application to exploration on the property. On top of that we have more soil sample results to be released soon, Lidar imagery and 3D modelling results coming. Fat has hardly even begun to move yet and if anyone says the we won’t be over $1 by Christmas they are dead wrong. This next few weeks should prove to be very interesting and I’m quite confident that we will move up close to 100% from today’s close. Cheers.
Thank you for this wonderful post throughout all the nonsense. My feeling on it is that they're timing some news with the convention next week. It just makes sense, especially if it's good news to have the stock soaring right before they go to a conference where many potential investors will get a closer look at the company. Just my thoughts anyhow, obviously i wish I had sold at 49.5 and reloaded lower, but that's just not how this works. I'll hold for the coming months, there's too much money in lithium, and if they find more lithium (Not to mention other minerals), I'll be buying myself a new truck hahaha. Go fat!