Ann: Expanded Drill Program for HIgh Grade Gem Lithium Prospect, page-39

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cheeta

452 Posts.

16/03/17

18:16

Post #: 23409777
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Originally posted by E_Diaz ↑

Hey mate not sure exactly what youve been hearing or where from, but pegmatite isnt much good unless it contains decent amounts of spodumene. ESR is a good example of a company with thick pegmatite intercepts but no significant spodumene hits to date. KDR share price got hammered when the preliminary mets indicated that there was potential for a significant part of their deeper lithium JORC resource to be petalite rather than spodumene.

Lithium stocks in general have been smashed lately too and the market seems disinterested in them. Perhaps due to reality setting in as relatively advanced companies like PLS and GXY continue to be hampered by significant issues. I could definitely see the MZN share price dropping to mid to low 1c regions again if the next lot of drill results dont have some sort of combination of multiple, thick, and high grading spodumene intercepts.

Thats just my thoughts though, im sure you will disagree.
Disclosure: Former MZN and KDR holder.

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I like your title "Former MZN & KDR holder"...speaks volume about your comments

MZN Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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Ann: Expanded Drill Program for HIgh Grade Gem Lithium Prospect, page-39

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