RE:RE:Why no grab sample on HL1, HL3, HL4 ?Bourse514 wrote: Also, they start the process of permitting for a drill program without hl1, hl3, hl4 channel sampling results. They skip grab sample and now prepare drilling program before channel sample result. Too much optimist or they know something we don't. "With the highly encouraging results from the Companys 2016 field sampling program, permitting is currently underway for a winter 2017 drill program on LU DU12 and other spodumene bearing pegmatites at the Hidden Lake Property."
They have facts wevhave what they have disclosed. Now it is up to each investor/trader what to make of the info we got. For me the following points are key:
- good results from LU 12
- spodumene visibly identified from the three HL dykes
- more dykes detected and grab samples taken
- off-scale results requiring retesting
- based on results planning for (expensive) drilling
For me this clearly indicates that the MC is going towards the 20m$ range. If not from the channel samples then from the drilling. Will depend on the lithium content in the channel samples! Off-scale will mean "bingo"!