... as PMET, Azure, and Brunswick. Kaiser mentions that Dios is part of his James Bay Lithium Index. He highlights that JBLI has 71 members focused on lithium in the region. JK acknowledges there are many lifestyle juniors in the index and a handful of toiling geologists companies which includes Dios.
Kaiser suggests that it may take a while for the JBLI to find some buyers. Most of the toiling geologists had their exploration seasons cut short last year due to forest fires. Dios was affected and John states that last years program was a disappointment as they were only able to test a small portion of their properties and results were disappointing. (Dios tells us in their last press release that only 12% of their properties were explored last season). Kaiser suggests the company will get back in the field this summer (July) with results starting to flow in September. And he implies that Dios will head back out to the field to finally explore their top two prospective projects this summer which Dios highlights in the last update they provided.
Kaiser's interpretation on the timing of the Dios exploration seems to be mid-summer. But Dios press release suggest late spring which would be end of May and June.
While it may be quiet now, each day that goes by gets us closer to exploration season. Volume and share price sucks but someday soon, I expect that bottom fishers will start picking away at the last of the cheap offers in anticipation of exploration season.
And with some luck and a well planned and executed exploration program, Dios may end up with drill targets for late summer and fall that give them a chance to become the next PMET, Azure, Winsome, BRW! And it could unfold quickly once boots hit the ground and rumour mill starts churning in the event the land on a huge spodumene bearing pegmatite.
Good luck all and due your own due diligence first. And most importantly, don't listen to me. I am a novice investor who is long Dios and patiently waiting for exploration season to get underway!
https://www.kaiserresearch.com/s6/KaiserBlog.asp?ReportID=984945&_Type=Kaiser-Blog&_Title=Kaiser-Watch-March-22-2024-Will-James-Bay-Lithium-thrive-in-2024