the stock price is stupidly undervalued IMO our silica quartz deposit is STUPIDLY UNDERVALUED, it is completely off-the radar of big investors, but if management succeeds in securing partnership with big players-off-take agreements, this undervaluation craziness could well change once and for all.
I found the following promotion of another silica deposit in quebec (ours is far bigger) :
https://www.palquartz.com/english-home/investors/
I like particularly the following mentioned advantages that resonates well with RRS deposit :
- It is extremely rare to find two resources (Quartz and hydroelectric energy) at the same location;
- Transportation logistics: Deposit site right on the shore of the Gulf of Saint-Lawrence at 13km from a deep water wharf which PAL will be the sole user;
- Manufacturers are in need for Long Term, Reliable Sources of Supply.
These are exactly our main advantages : access to cheap hydroelectricity + huge high grade quartz deposit (how rare could this be ?) + transportation logistics + need for long term, reliable consistent quality resource (how many silica deposits in the world with 5M$ spent on exploration and a NI-43-101 defined 30Million+ tonnes 99% silica purity resource ?)
Happy silica investing to all,