Durango Resources Inc V.DGO

MANN.c 💲1.3M cash w/ $1.8M Mcap Next Ⓜ️over 📈🔥 MANN.c

[VbayNo2]

MANN.c 1.3M cash w/ $1.8M Mcap Next over MANN.c 

MANN.c 1.3M cash w/ $1.8M Mcap Next over 

MANN.c 1.3M cash w/ $1.8M Mcap Next over 

VbayNo2 wrote:

 only 65 Million Shares Outstanding

Balance Sheet

Total Cash (mrq)	1.32M
Total Cash Per Share (mrq)	0.02
Total Debt (mrq)	N/A
Total Debt/Equity (mrq)	N/A
Current Ratio (mrq)	3.65
Book Value Per Share (mrq)	0.13

 

89 mineral claims totaling 4,659 hectares, is located in the James Bay Region of west-central, Quebec

The James Bay Pegmatite District of Quebec is known to host several large lithium pegmatite deposits including:

• Whabouchi Lithium Deposit of Nemaska Lithium; 
• Rose Lithium-Tantalum Deposit of Critical Elements Lithium Corp; and 
• James Bay Project of Allkem.

Lithium-Pegmatite District, Quebec

Figure 1: 2022 Sample Results

Figure 2: 2022 Pegmatite Outcrop

Figure 3: Bounty Property within the James Bay Lithium-Pegmatite District, Quebec
 

Price is what you pay...value is what you get...Warren Buffet

For investors looking for a high-leverage prospect in lithium Let me introduce you to this MANN
 

There is a huge price disconnect Going on at the moment it's MANN shares relative to its cash Balance of $1.3M. That’s a strong value proposition for a junior mining company that (after the recent carnage in markets) has a market cap of only CAD$1.8 million.

 

For investors interested in a high-leverage opportunity in lithium in a very prospective jurisdiction, MANN offers an inexpensive entry point with a very attractive share structure.

Less than a year ago, lithium was trading at under USD$20,000 per tonne. In recent weeks, lithium prices have soared past $71,000 per tonne. But the greater-than-tripling in price is only half the story in this hot commodity market.

The reason why lithium prices are going ballistic is that when both traders and end-users look ahead in this large-and-growing commodity market, they see lithium moving into a supply deficit.

 

 

(TheNewswire)

Vancouver, British Columbia – TheNewswire - September 21, 2022 – Manning Ventures Inc. (the “Company” or “Manning”) (CSE:MANN); (FRA:1H5) is pleased to announce that it is set to commence a follow up exploration program at the Company’s 100%-owned Bounty Lithium Property (the “Property”), located in the James Bay Lithium District of northern Quebec. The program is set to commence in early October.

The 7,544 hectare property was staked due to its prospective nature for hosting hard-rock, pegmatite-hosted lithium mineralization.

There is an abundance of pegmatite outcrops on the project that have yet to be sampled, with many located along trend from those samples with highly anomalous LCT type pegmatite chemistries. These areas will be targeted in this follow up exploration program.
 

 
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