OTCQX:AVLIF - Post by User
Comment by
Not2Siriuson Oct 22, 2017 7:26pm
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Post# 26842803
RE:Not2Sirius I have a question on dd.
RE:Not2Sirius I have a question on dd.Playa2012 wrote: Been looking at AAL for a while but not in yet. I'm doing some reading up on AAL and so far so good. Question for you if you know - how does the resource size compare to other higher flyers? Remember I'm just starting to do dd so I seriously have no idea yet. Appreciate any dd you guys can share. Cheers.
I would really recommend you spend the time to do this comparison yourself, otherwise you're just picking horses at the track. All it takes is a half hour visit to each company's website to get their numbers from the investor presentation. For what it's worth, I'm invested in Neo Lithium (NLC) because I like the degree of certainty that their mine will get going or be bought. However, the market cap is much higher than AAL, so you are paying for their high grade resource. AAL is due for a bump I feel, however the market may be waiting to see updated resource estimates. I believe it did just get a bump from 39 to 60 cents, so that's something. Another possible advantage with advantage (pardon the pun) is multiple projects vs just one. That may be valuable if the lithium frenzy gets to the point that 200-400mg/l grades are also targeted in buyouts - a very real possibility. Good luck!