RE:Hi Alfie....Hi Wango,
Firstly, I totally agree with you about valuations of the Nevada Jnrs. One issue could be the market's expectations of how soon lithium carbonate can be commercially extracted from Nevada and the fact that the extraction processes being worked on are not yet commercially proven. This has, in turn hit the valuations of some of those juniors (ENRT included) as the market is impatient and does not expect imminent positive news. The difference perhaps for you, I, Lancemanion, Goldy and a few others, is that we have done our DD and we appreciate that an incredible upside is actually not that far away, and as I recall Goldy63 saying, "he is a long term holder rather than a trader". So is Warren Buffet BTW!!
Another point that seems to have been largely overlooked is the proximity of Tesla to our new land position. Jeez, they are taking over the world so of course they will be looking to buy as much locally sourced U.S. lithium as they can find. They previously committed to do so, I recall!! To perfect this ENERLET process (without the need for severely limited sub-surface water) will turn the market on it's head, IMO. I am personally happy right now that the stock is trading where it is as it enables me to keep on nibbling away and increase my position.
The chips will fall where they will fall but to me it sure feels like we have a rigged dice on our side. Investments like this do not come along often, and to have the opportunity to get in on a company with such a technology and such a land position and being so close (probably in terms of a small number of months) to major major news for 4 or 5 cents is incredible.
GLTA, but especially me:)
Alfie.