RE: Some words from JSL I went to the CLQ website and they have plenty of lithium:
| Measured and Indicated Mineral Resources of 46.7Mt at 1.19% Li2O |
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| An additional Inferred Mineral Resource of 57.6Mt at 1.18% Li2O () |
So far EFG has only found 400,000,000 pounds of indicated and inferred material which if converted into tons it's only 200,000 tons of Li2O. Yes EFG's grade is higher and they have only scratched the surface of the property. EFG still has more properties in the area and the material is close to the surface but they are way off when comparing tons of lithium with CLQ. CLQ is a more advanced project. IMHO CLQ is undervalued right now just as EFG is. EFG has a more interesting property with all the other rare earth metals. Adds a lot of value when you look at Ta2O5 and BeO because of their importance in making hi-tech devicces. But remember Cs and Rb are very radioactive when exposed to oxygen so seperating the material isn't going to be easy (cheap).