RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What do you want. KozmoT wrote: A "pre-feasability study"? With all due respect, you should look up what a pre-feasibility study actually is. Three holes in clay with comically sub-economic grades is nowhere near a pre-feasibility study, there is nothing there that warrants a pre-feasibility study.
Exploring the area is NOT a waste of time for the crew scooping the management fees, director fees, share-based payments, cheap options and consulting fees. But for investors its a sad joke. After the first three dead holes - ask yourself what possible justification did they have to go back and waste even more of your money?
yeah maybe my wording wasnt the best. I meant that was just CYP's pre feasabilty study used as an example of what was completed. With that done by CYP, if SPMT results are similar then they already know that it could work. The drill hoes results were shy of CYP's results but that was only the intial drill program. They now have a better understanding of the property going forward.
I am not as excited about the lithium project. I am more interested in the gold deposits, but the lithium project is interesteing and could pan out to something big once all the extracting process's and everything is sorted out. Likely just a buyout if they find some.