Post by
trader53 on Mar 03, 2024 7:25pm
Shareholder observations
Just spoke with a shareholder who lives an hour from Case Lake, and he said the size of the rig he saw on Case Lake definitely suggests they are drilling deep. If he is right, then I suspect that they are going to drill on known reserves at depth which would follow-up hole 18-84. 18-84 hit 123 meters of pegs that returned high grade lithium over three stacked zones for a total of 48 meters. By the time 18-84 results were released the lithium prices had collapsed so it was never followed up. This could explain why PWM are starting with 4000 meters to test depth at West Joe and the Main. If on the Main, they were to find more stacked zones this could build the resource very quickly and if on West Joe they find the source of the high-grade Cesium at depth it would also be a game changer. Waiting patiently for results!
Comment by
JimmyC on Mar 06, 2024 9:53am
That's today, I can't make it on such short notice so someone please check in and report back. TY