Post by
trader53 on Jun 18, 2024 7:25pm
Understanding the value of cesium!
We are all very much in the dark about cesium and there is no doubt those companies that Chris Evans said were interested would know exactly what a LCT deposit would be worth. I would expect these latest results would put a fire under these interested parties and those that are serious will move quickly before the next round of drilling. Evans clearly indicated there were multiple interested parties which is always a positive when negotiating. It may take a strategic partner to value Case Lake and its LCT deposit and only then will we and the market have a true understanding just how valuable it is. We do know that we are the only game on the planet right now when it comes to cesium, so I understand the interest!
Comment by
VeritasVern on Jun 19, 2024 10:35am
Also keep in mind that any interested company would be able to buy up to 10% of PWM stock on the market before public disclosure and other requirements begin to apply. Therefore if there are companies out there that have an interest and the drill results continue to prove the deposit, there could be some major gains to volume and price in the near term. GLTA