Bullboard - Stock Discussion Forum Armory Mining Corp SPEYF

Spey Resources Corp. is a Canadian lithium focused mineral exploration company, which has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. The Company holds an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia. The Kaslo Silver Property, a silver and base metal property, located 12... see more

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Armory Mining Corp > We will see

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Post by Chart1 on Nov 22, 2022 7:41pm

We will see

Bought some .17 and .165..... We will see how this goes.

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Comment by itwillgo1 on Nov 23, 2022 12:54pm

I feel your pain, I bought in at 19. I just can't figure this one out. Lithium at 84,000 USD/T. Market cap at only 14,000,000 USD

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Comment by gamer007 on Nov 29, 2022 4:36pm

Ya................this is pretty cheap...................took a good first bite today.......... If Phil Thomas can get this baby puking out 10,000 tons of LICL a year in the next 24 months........with FCF at 500 million.............this is as close to a 20 bagger as I have seen in a long time ! GLTA

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Comment by itwillgo1 on Nov 29, 2022 6:19pm

I agree totally. Another 10 bagger is AIS. They optioned the property to Spey and still own 20%. Spey can buy the 20% in March for USD 6,000,000. AIS has interests in3 other Li properties.

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Armory Mining Corp