RE:RE:RE:RE:RE:Apparently Well we know already from in 1957 report they have estimated around 13mt with 78 drills on zoro alone. This number could even be higher with other dykes and with more drilling. The sp is not reflecting this at the moment but when we get more results soon i would think the price will certainly move fast. re
Uknowit wrote: I agree Tech and i think you are being conservative which is good. I wish I could put my finger on it but my understanding is that at 3 mt from dyke 1, Far would be valued at $1 per share. That doesn’t include the rest of the dykes. I won’t go so far as to say that the other dykes are as good as #1 but we know they will be spodumene bearing. Just look at what Nova has been finding and we can make a relatively safe assumption that the area holds significant lithium. Again I’m not one to make predictions, you can do that, but we can expect far more than 3 mt on Zoro and the original optioned Stryder land. That doesn’t include the newly optioned land. I see is as safely being valued at well over $1 conservatively once we get the results from the last drill program. Cheers.
techNy wrote: Sorry misprint. .35 cents a dyke.
techNy wrote: Just comparing fat to other companies in volume I would say that for each dyke on zoro we are looking at around 25cents a dyke just based on an average of 1.5mt each we could be looking at around 3$ just for zoro. This is just my quick saturday morning calculation. Happy weekend folks.
Fiasco wrote: Excellent time table.
oo bad losses in Weed stocks, Cryptocurrencies scared investors/ traders, resulting in an overall drop in the CSE since the month of January syphening money out of the index. With solid results, things should come back to normal, hopefully soon.