Cat Lake Lithium projectI expect there will be a lot more people coming to this forum in the coming days once word on the Cat Lake project gets out. Below is my 2 cents on the project. Currently the valuation of this project as reflected the market cap is a few million dollars compared to numerous early stage exploration companies with low probability lithium projects with market caps ranging from 10 to 50 million dollars. QMC should be valued closer to 20-50 million based on their Cat Lake Lithium project alone. The Cat Lake Lithium project is a near term production lithium project with the following factors supporting my proposed valuation: 1. It has a sizable high-grade resource >1,000,000 t at 1.5%. 2. Hard rock deposit. 90% of Lithium explorers are relying on brine deposits and favorable climatic conditions. Lithium consumers want a diversified supply chain (brine and hard rock). When climatic conditions (heavy rain/low temp.) are killing brine deposits the hard rock deposits are going to be the only mines functioning. 3. Cat Lake mine metallurgy is dialed in. 4. Shaft and first level of mine are developed. This completely derisks mine development as the ore has been intersected where expected an no technical issues were encountered. Mining was not started so the entire resource is still in place. 5 Mine site is located next to highway, utilities near Winnipeg (Highway was initially constructed to service the mine). 6. Located in the second most favorable mining jurisdiction in the world, Manitoba. 7 Mine is located 20 minutes from the Tanco Mine. This mine has depleted its ore. Tanco mine is a long time Lithium, Tantulum and cesium concentrator. Processed the same ore that exists at Cat Lake from a nearby pegmatite dike. Hopefully the following points above will give you a head start on you DD. The private placement is oversubscribe within minutes of being announced. This company is very tightly held so there are not a many shares up for grabs so if you are waiting for it to drop before grabbing some shares you could be waiting a long time.