RE:RE:RE:Coro vs AlsetSmallCap,
This is the junior mining game. You don't value juniors on assets. You value them on if the area they are in is hot or not and what they have for projects. SLI keeps coming to my mind..
ION just announced financing for up to 2 mil .Flow through is 38 cents and non flow thru 30 cents with warrants @ 50 cents. Non brokered so they don't pay fees and there must be major demand since they don't require a broker.
Coro on the other hand. Its last PP was brokered at 10 cents and paid 8% commission $368000.
So why the big difference???? They are in a hot area and they have good projects. The land packages haven't been tested and they can pull this off. This is the junior mining game. Wait till the drilling begins in Mexico. The speculation will be rampant.
If BTC would have got the government approval on the marijuana which was hot at the time. The stock would have been 50 cents back then.
If you've followed BTC long enough you would have seen them hit over a buck when they helped out Coro way back when on San Jorge project but the government screwed that project. The Russian took it over and. Putan was over there and that didn't even get it going. As far as I 'm concerned. San Jorge is toast in my books.
Lithium is not just for Tesla. It's used for batteries that are require to store power so there are lots of other companies that use it not just Tesla. Unless a different technology comes out then the future looks really bright.
All I can say is your lucky you only have a small short position in ION since the sector is not going to die any time soon and management is top notch as history has proven it. If it wasn't for the Argentina and Canadian Government screwing things up in the past.. BTC which has been broken up would be worth a few bucks today.
JMHO
MM