RE:RE:RE:RE:RE:RE::'(
Yes, one would be lead to believe that TTX's lithium reserve will not be a deep or as abundant as AVZ. Until AVZ's latest reveal about the 'SW Thinnining" announcment i never would have thought that. Reason being, TTX has been in the DRC much longer than AVZ and they had first dibs on all the lots and passed up AVZ's lot for the property next to it. Eventhough they had all the historic data of the property AVZ is on. Therefore i thought, TTX might be ahead of the curve, but i'm starting to have second thoughts on that. i hope i'm wrong but won't know until they release much more drilling results.
TTX market cap is much smaller than AVZ and TTX also has a Cobalt project in prime real-etstate which is why my expectation of TTX is much higher than AVZ (btw i own as much TTX as i do AVZ).
I think the reason for the much higher market cap is because AVZ trades on the Australian and Chinese market, where i feel both counties have a far better appreciation for lithium and it's future value i.e. EV / charging stations, solar panels, etc. Canada and the US are very slowly slowing starting to get onboard (doesn't help that you have Trump wanting to bring coal back, lol).
Not only that but AVZ has a far better management team that understand the importance of keeping their shareholders informed with what the company is doing and meeting their timelines. This alone will rally more investors thereby raising the shareprice and market cap.If
iff TTX eventually do come through then the shareprice will move upwards quite quickly.
Some might argue that the Chinese who hold a lot of shares are driving the price lower to shake the tree and scare the mom and dad investors into selling their shares at a lower price which they will scoop up. This could hold some truth as the Chinese don't like to pay top dollar if they can avoid it.
Whatever the reason is, hopefully we find out soon.