RE:MD&A available for 3rd quarter 2018stkinvestor75 wrote: just read the MD&A and interim financial results.
The only mention to drilling result sor far. And they only say the sampling showed positive results while doing previous exploration. This doesn't look good.
They also seem to have spent a lot of money on exploration, around 1.35MCAD$ as seen on page 5 of MD&A report.
Project expenses (Drilling, personnel, field work, site costs, property taxes and other related costs) 1,357,525
On March 29, 2018 a Phase 1 drilling program began at its Buckell Lithium project, located in the Manono-Kitotolo region of the DRC. This first phase of drilling consisted of approximately 2,000 metres targeting the northeastern part of the property that lies on strike with the Kitotolo pegmatite. In previous exploration work including sampling and pitting, results confirmed positive identification of pegmatite extensions below the soil cover. Additionally, this northeastern portion of the property has also shown presence of black tourmaline, cassiterite and mica, all of which are common within the Kitotolo pegmatite located on the adjacent property to the NE.
Not to mention they spent 300 grand on vehicles alone lol ....
way to spend the money .... horrid management I’m telling ya!!