RE:Hey Longshot2017 ... TFSAfunds, as far as I'm concerned I don't have a problem with you and I am here to respond to Radar because he has an agenda against BigBird but it's affecting not just BigBird but Far Resources and by extension all the shareholders. You came at me, not vice versa. TBH I don't care what you do or what you think.
Why do I hold Far Resources and I continue to be enthusiastic about the company despite the decline in share price since mid-January? I believe Far Resources is working methodically to build a viable mine to sell to a major or China. So far we've seen land acquisitions beyond the original Zoro in Stryder and Hidden Lake. We've completed 5 drilling campaigns. Currently and it seems like it's been going on for some time there has been exploration/preliminary work to gear up for a larger drilling campaign. This is evident from the MMI work, magnetic drone survey completed by Nova/Far, and the soil sampling. The anomaly which Radar has mocked is very exciting and is massive compared to the dykes on Zoro/Stryder 1. I read that Toby has spoken of an increase of 8 dykes to 20 dykes at the presentation in Vancouver on the tail end of the Road Show trip. We established an NI 43-101 which makes us "real" and we HAVE lithium, we can only continue to add to this tonnage and grade from here on out. I like the technical approach Far is taking because drilling is very costly and I believe this pin points the best spots to explore/drill!
I believe the ROI has the potential to be very rewarding for a junior exploration company and the company I choose is Far Resources. Of course there is risk involved but that’s why you need to do your own DD and have conviction in what you hold. Know what you hold! With 5 drilling phases under their belt and with a larger drill campaign on the horizon this fall/winter I like my bet. If we look at Lithium we can see it is indeed the future. The investments and news comes out almost daily/weekly. Tesla is looking to expand into China, LG is investing on a 2nd battery plant in China for example. VW has made a significant investment and the list goes on. It's not just EV's but also energy storage. Wind and Solar is renewable but intermittent and Lithium will help provide power during the intermittent periods to provide stable energy flow.
The market sentiment has been negative in 2018 which is evident from the SP decline in Li companies (i.e. FAT, NMX, AAZ) but we know we can expect this to end. Out East (China, Japan, South Korea) the demand is there and will continue to increase. I think this was engineered so big money can accumulate and acquire cheaper shares (look at what Morgan Stanley did).
As for Toby Mayo he doesn't have shares but could there be a personal reason for this? We don't know his financial situation. What I do know is he has been working day and night for this company. Travelling from city to city and giving presentations must be exhausting. He stepped in as interim CEO and took the reigns during a very negative time: Li turned bearish, market correction occurred Mid-January, and Keith Anderson passed away (RIP). Toby has a game plan and that game plan is to drill, drill, drill. We can expect an increase in SP (cannot dilute at a low SP), funds raised for a drill campaign, and expand on the resource! I believe he's on the right track because we cannot suceed with retail investment alone.
-Longshot