Post by
trader53 on Sep 03, 2023 1:50pm
Does history repeat?
On August 16 2017 PWM announced drilling had commenced at Case Lake. Between August 16 and Dec 15 PWM there were a total of 12 news releases. In 2018 while drilling Case Lake there were 36 news releases. History doesn't always repeat but it is a great indicator of what to expect! For those that doubt JM's promotional abilities I would suggest you go back and review the the frequency of news releases from August 16 2017 through December 2018.
The nice thing about lithium and cesium exploration is spodumene and pollucite is very visible and estimable in the core and on surface and JM was not at all shy about sharing these visuals with the market. My guess is lack of news will soon be swamped by continuous news as PWM begins its largest ever exploration program run by a very capable VP of Exploration. This program unlike the previous is not based solely on PEGS at surface as a great place to drill. This time Mr. Biens has used the new school tech tools that gives him a picture of what is happening beneath the surface. The mag images clearly delineate that corridors do indeed exist beneath the surface which suggest the lithium tantalum and cesium may indeed be continuous between multiple dykes.
Is there some risk with this exploration program? Of course there is and that risk is PWM comes up empty. IMO the odds of not expanding the mineralization are very very low but investors will have to decide that for themselves. My guess is the news is about to start flowing this week and will give all enough info to decide if they want to give up their seat on the Lithium Bull Train. GLTA