RE:Any Anticipated Drilling News on 2nd Lithium DiscoveryThe Feb 5 Investor Presentation on the website is most likely what investors will see at PDAC in a couple of weeks (March 4, 10:15 AM). Clearly the management team sees Frontier as a potential successor to Greenbushes, and is not hesitant to describe the project in those terms. Converting Spark to a JORC compliant resource is a key part of this, since PAK by itself has the quality but not (yet) the size to become a significant player on the world scene.
The recent staking of "Electric Avenue" gives us some hint of the company's ambitions. If Spark triples or quadruples the resource, and if there is any hint of other tonnes to be added along the trend, then the property is moving firmly into Greenbushes territory and the company will start attracting global attention. There is already a shift on this front - the upcoming presentation at PDAC and the recent article in Northern Miner signals a bit of a shift in marketing toward retail investors. For the last couple of years the company has focused upon commercial forums (producers and consumers of the commodity) while maintaining a low to nonexistent profile in the stock trading community. It has been frustrating to the "flippers" who are waiting for the stock to run, but advantageous to those who are interested in the project and are adding bits and scraps of equity as circumstances permit. There is something very gratifying about participating in a truly Canadian story and seeing where it can take us. People laughed in the 1980's when the first Canadian diamond showings were announced, but nobody is laughing at Canada's diamond industry today. We may have a similar story in lithium, where in twenty years people will be asking themselves how they could have failed to notice the amount and quality of the hardrock lithium resources that emerged in eastern Canada.