RE:RE:Stantec Lithium Resource Calculation & Gold ProspectsI agree. This is very preliminary. Its great that, finally, SPMT has something to offer the market beyond hopes and prayers. Yes, they drilled for lithium and found some in a clay bed in Clayton. Though, to be fair, they knew that there is lithium down there. Its of reasonable grade. And, when lithium prices are up further in the coming years, the deposit might be worth something.
THE REAL QUESTION IS WHAT ARE INSIDERS DOING? Insiders have a history of excersising thier options and selling them. Over and over. And over. Its been a pattern for many years. If they stop doing this then there is a chance that this could work out for some longs. But MANAGEMENT HAS A BAD REPUTATION and is more likely to frack you over.
Do you trust slippin Jimmy?