Yes, and you claimed they were being shorted then provided a post showing they were not.
I would suggest you get back to the FA basics.
Any lithium deposit working on nearology to a Spodumene deposit is casino play imo.
I would like anyone to provide one instance where nearology has produced a result in Australia.
Pilgangoora started with an AJM deposit that ran under the fence to PLS. DKO is over the fence in the direct area. In other words they are working on the same resource over multiple tenements. GB has been around a long time and close to capacity. To suggest they haven't had a look around the area is to me highly unlikely.
Nowhere I have ever seen that you can point at a map and some pegmatites and say yes we found spodumene based on nearology. It does not mean impossible but this is about risk. Chance in 10, chance in 100, chance in 1000.
I also do not believe some realistic posts on HC made much difference to the SP considering the huge drops. These were people that were able to interpret the report results in a factual manner. You mention $25M and that's about where I see it but would still not buy at that MC.
By all means if traders want to try to ride these stocks that's fine. Hope you do well but not for me. For those really interested get the research right first.
PIO Price at posting:
3.7¢ Sentiment: Sell Disclosure: Not Held
