Don't Forget The LiEveryone is making a big deal about the phosphate, which is warranted, but are forgetting the Lithium. In this video interview,
https://www.youtube.com/watch?v=FwY0yP59u4Y , Jean hints at 10 million tonnes (last 4000 meter drill program yet to disclose increase from 6M). We will know once the Feasibility Study is released. Comparison with neighbor Canada lithium...
GER CLQ
Market Cap: 20M 176 M
Shares Out: 39 M (13M insiders) 252.5 M
Lithium Res: 10 M @
1.04% Li2O? 17 M tonnes @ 0.94% Li2O
Manage
Credibility
(scale 0-100): 100 3
For CLQ resources see...
https://www.canadalithium.com/s/QuebecLithium.asp
I bought in because of the lithium initially, when they announced the phosphate acquisition, I was ecstatic. I spotted DAN in early 2007 and it was on my watch list for a good while. In November, about 2 weeks before the take off, I decided that I would buy it in the spring for a summer fertilizer rally. I missed out but what a coincidence, I was glad to see GER make the acquisition. Even if the phosphate doesn't turn out to be all that great, which I think it will, I feel GER is worth $2-3 just on our Lithium alone. Am I missing something?