Is Elrond a bust? BRW price can't seem to hold gains. The market wants an update on Mirage and Elrond. Drilling at Mirage started on January 22nd according to the news release. Killian said publicly that Mirage will deliver and it will be the 1% of 1% and become a mine in the recent RedCloud presentation. Where are the results to prove and support the Killian statement?
And I am going to make a wild a$$ guess that Elrond isn't shaping up as they had hoped. The reason for my guess is because HAR.V is selling off for no reason despite trading just a hair above cash breakup value. HAR.V has identified spodumene bearing pegmatite on their property NE of the Arwen showing at Elrond. And HAR.V put out a press release yesterday that they plan to drill targets that are ready but not before they can put boots on the ground for some pre-drilling prospecting.
If Elrond was the real deal, HAR and BRW would not be dropping with drilling at Erlond taking place ... unless BRW is coming up empty.
I hope I am wrong about both. I own fairly decent sized positions in both BRW and HAR. Waiting and hoping for good news for a change. Kind of sucks because I believe in the lithium story. But watching POS silver and gold juniors double on zero news at all is depressing as a shareholder focused on lithium stocks.