RE:RE:Rocks and stocks vidguy491 wrote: Very good interview
Spinout for the lithium ????
Footwall splay and Eastern trend come togrther
News on Grey river soon (next week)
Thanks to the person who posted the link. Great interview. No need to ask a question about the spinout for the lithium property. Tim answered it as a forward looking statement and said this was in front of the board. I raised this last week and I was right that it was a possibility. This is going to happen and I encourage folks to listen to this video. It makes sense, to spinout ownership in part to SH's of SIC, do a PP and bring in a new class of lithium investors. Then as Tim stated, drill away. Tim also stated that many have called and asked to option the property from SIC, however Tim feels the best way to maximize SH value is via spinout.
This video also important in terms of why the company is not doing deep drilling at this point. Talked about at various times in the video. In summary, as Tim stated they are finding visible gold going down 30metres and it would be shameful to miss systems by going deep. No need at this point yet. That will happen. SIC will do also do a lot of barge drilling all the way up strike on the pond for most of next year.
Lots of news fllow coming on Fleurs massive land package and Grey River drilling. Tim said they did not get to do the full amount of drilling at Grey River due to weather conditions, however assays are pending.
GLTA
BC