General overviewOk, I’m an investor, here. I read the board, and I try and filter through the nonsense, but I need help, because I find the website to be vague.
the iron ore projects have cost a lot of money. They are not very high grade, and are not close enough to rail, so it looks to me, from the website, that they are looking to blend it with higher grade ore from other nearby deposits, and are looking for partners to fund them. Does this sound about right?
The lithium project in Nevada is early stage, and shows on their website only 9 shallow holes that have lithium ranging from 35ppm to 145ppm. Is that a lot? I’m not sure.
The australian lithium projects show a small hit on a chip sample that reads as .02% lithium, and then uses a historical sample of ~847 ppm, which is much higher than the project in Nevada, but not current and much higher than the current sampling. Have they blown all their money to date, popping around in a 2000/hr helicopter, only to find a few chips?
Seriously, other than the “highly prospective” for Pilbara gold coming exploring this spring, what do we have? Anyone?