Brunswick Exploration Inc V.BRW

Ceo.ca posters compare BRW to Harfang ($ 9 million mkt cap)

[deepoil0808]

I was reading the ceo.ca board and some posters were frustrated that Harfang hit spodumene lithium on land which is next to Mirage and their stock is rallying. 

Terrible comparison to make.   Harfang with a discovery has a market cap of $ 9 million versus BRW with no discovery at Mirage market cap $ 180 million.

Am I to assume that a discovery would only be worth $ 9 million, like Harfang.

Sometimes posters should be careful as to what they post.  Seeing Harfang's paltry valuation would send anyone running to the hills. 

Amazing.

Good Luck. 

[Silversailor88]

Idiot. Commenters were posting on their corporate presentation identifying Mirage as a significant Lithium discovery. Get off this board loser!

[deepoil0808]

There is NO LITHIUM discovery on MIRAGE, let alone a significant one.  What they found were boulders that had spodumene.   No mention of any lithium. Its neighbour Harfang has boulders filled with spodumene, it has crystals too and, it goes one step further, it has lithium in spodueme dykes. And despite all of this it is valued at $ 9 million. So it appears BRW shareholders are

[geolteacher]

There is lithium in spodumene. Photos and text from BRW's website show and mention spodumene at Mirage. For those two reasons there must be lithium at Mirage. The chemical formula for spodumene is Li[AlSi2O6], and the "Li" stands for lithium. The maximum amount (by weight) of lithium in spodumene is 8.03% - which you can calculate for yourself if you look up atomic weights

[Pennytodollars]

Very informative post. Thanks for posting jmho

[irinka37]

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[epoplegih]

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