Banter and general comments, page-4803

It's so good to read that CXO holders have become millionaires, paid off houses, etc. I know it's all true because if I hadn't sold last November I'd be sitting on $1.5M now too. Congrats to all those with more foresight than I had. I expected the SP to spend most of this year at around 6c. To be honest I really thought world markets were going to tumble at least 50% by mid year and also that the EV lithium boom would be dead in the water for a few years. Due to the pandemic I assumed the world would take the path of least resistance to recovery, meaning sticking with oil and IC engines. How wrong on all counts!

I do question the current MC of CXO though. A billion dollar company with a tiny ore reserve - still around 7.5Mt, unless I've missed a resource upgrade or two. Have there been any assay results from the drilling that commenced mid year? I haven't noticed any but I may have missed them. And what about the gold exploration - any news on that front? Of course this'll sound like a down ramp and maybe sour grapes but it isn't meant to. CXO has been a fantastic stock, as have LTR and FFX over the past year but those other two companies do have large resources (+ gold for FFX) and I just have to wonder if CXO is now top whack in terms of SP - pending resource upgrades, etc. Any thoughts?