FATEstimations on value and tonnage. Hold, buy, sell.
We have been in a downward trend all year and people are displeased and subsequently people are not as positive as they once were here.
People are beginning to wonder if FAT is the investment for them.
I added today for the following reasons:
I researched lithium; it is the lightest metal and it is a very abundant metal. It is used in batteries and will likely remain that way.
Despite being so abundant we are a long way from meeting demands of the world as we move towards better and cleaner energy sources.
FAT is a junior, not a senior and thus has a greater potential for larger gains (and falls).
FAT is in a mining friendly province.
FAT has excellent historical estimates (same with neighbour who we have mou with).
FAT is fully funded.
FAT is close to having an initial NI 43-101 (what other juniors have that?)
Is FAT a solid investment? Give it time, Patience is key here. I’d rather park my money here than other plays out there.