SpeculationIt looks that no one here can really attribute one specific cause why our SP has stagnated ( 2.05 to 2.45) since the permit.
We have theories that include :
1) longs selling
2)Shorting and manipulation (by evil conspirators)
3) Bad reputation of Quebec lithium (two strikes)
4) Bad management : lack of promotion.
5) And my last one is waiting for the "PERFECT" deal. In that area, one can look at many Australian companies that have dilluted over the billion share mark (Galaxy, Pilbara) in order to get the build going ASAP. They have since then went to 10 to 1 reverse spilts and are now making tons of money.
I think that even if PMET are years away from ever building a mine, getting some of that Australian know how and then selling into that market was a brilliant move.
Anyway. Now I am waiting (and hoping) that financement news will pull us up closer to what an advanced lithium project should be these days.
I do not think that drill results will do anything significant until we have a sizable resource increase that is certified NI 43-101, and that may come very late this year.