MLS 0.00% 2.6¢ metals australia ltd

Ann: Scoping Study Results for Lac Rainy Graphite Project, page-72

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    I would dismiss your post as being very ' one dimensional ' . And the reason is simple . As brought up in one of my earlier posts .....and one to keep an eye on in the Val d'Or region of Quebec . Particularly the La Motte and the NAL La Corne lithium operation currently in administration . The one to watch as I stated was a little explorer by the name of Jourdan Resources who's shares at the beginning of January were virtually 3.0 - 4.0 cents with a market capitalization of much less than C$10 million .

    They are now up 4 times that at C$16.0 cents and a market cap of around C$17 - C$18 million. And that move is just off the back of its stand alone Lithium assets. So I don't see why any company should be restricted by these sorts of increases simply because of their shares on issue. A doubling , or a tripling , or even a Quadrupling is not contingent on the number of shares on issue.
 
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