Post by
trader53 on Apr 02, 2024 10:58am
Thoughts on the news
Reading between the lines the Main Zone alone could hold a 20,000,000-ton high grade near surface deposit all by itself. As noted, a few weeks ago IMO the best-case scenario for the Main would be to discover more stacked zones of spodumene as these always add tonnage very quickly. With percentages of up to 30% spodumene I fully expect we will see some very high grades and the fact that they are seeing pollucite in the core at the Main strongly supports that the entire 1.6-kilometer trend could be mineralized. West Joe spoke for itself as the visuals for pollucite are very promising and could quite easily lead to a Cesium Deposit all by itself. The fact that they are talking about step outs from the step outs at West Joe suggests that indeed a 2-kilometer corridor of Cesium may be indeed exist. What I find very interesting is the use of SGC from Perth. My guess is Winsome is behind this and they will start looking at some of the baseline studies and modelling a possible production model for Case Lake. As this story circulates, I believe those in the know will be taking a very close look. It would not surprise me to see a couple of analysts initiate coverage of PWM.
Comment by
Chiefmombo on Apr 02, 2024 1:17pm
Thanks for all of your continuous analysis. can you elaborate on how the 20 million tons is derived based on what measurements?