RE:RE:RE:Acquires Strategic Mining Claims in Clayton Valley, Nevada desertbarnacle wrote: The key word is strategic, these claims would make a great brine project for a junior but for the CYP it is all about strategy.
Bob
Just my 2 cents worth before the weekend. Watching some Ryder cup golf today , it has gotten a bit chilly here in the GTA so not playing this weekend :(
Looks like we are holding our own share price wise, and trying hard to crack the $1.60 barrier. Lots of buy orders and very thin on the ask side this morning according to Lvl 2.
I expect we continue in this range until pilot plant actually cranking out some results.
As for the strategic hypothesis on the land claim, my thinking is that Bob is implying that the land will not be for immediate use by Cyress, but will at least be taking it away from use by others ( Albemarle ) , thereby limiting options for expansion of their brine resource. We only know that the land is proximal to the current area, and it is fairly large , 6558 acres .
This type of strategy happens in many areas of life, business, politics, and especially war. Take comething that could be usefull to your enemy/competition even though you will not use it, just for the sake of strengthening your position and forcing certain decisions.
Thats my theory for today. Hope to be golfing next week, until then , watching.
Coop