Nevada Sunrise Metals Corp V.NEV

A LOT OF LITHIUM BUT AT DEPTH

[AtoZsports]

I am by no means an expert, but I do read a lot of drill results and do invest in the mining space. One concern is the depth at which NS is hitting its lithium. It appears as they have a boatload of overburden. The companies in the Clayton Valley area are hitting right at surface. This Lida Valley area appears to have much deeper deposits. This could be a problem. However I did see that they are working with a company in Reno that has a patented process of using CO2  to do an in-situ type of extraction. Now if that somehow/someway proves to work. That would be a historic moment in lithium mining. If this works on any sort of commercial level it would be an absolute game changer. I am thinking about putting on a position of risk capital and just sitting back and seeing if this somehow works. Because if it does. 100X from here is not a crazy idea. Worth a flyer of a few thousand dollars to get 50K-60K shares amd then just wait and see what happens. Time will tell

[IgnacioCashmere]

The cost of removing over burden will have to fit in to the metric of economic viability. It's been done plenty of times before. I owned Hudson Bay when their Rosemont project was killed by a bureaucrat at the finish line of approval. They were going to remove a kajillion tons of overburden to get to the copper & stack it 10 meters high covering hundreds of acres. Anyway, if the pricing

[IgnacioCashmere]

I found the AISC of Clayton Valley estimated at $4.08 USD. If we add $1 due to over burden stripping for ours, that's still reasonable. 0.1% Li is 2.2 pounds per ton, X $4.54 per pound = 9.99. At 90% recovery, that gives us $9 ton to work with at today's price. Even let's say we had $6 ton AISC due to depth, that's still a figure that can be worked with. If lithium or LCE should