SGQ always knew about the lithium potential of the Mt Alexander belt. It was well known about pegmatites in the area and spotted in the Nickel drilling cores.
It's just no lithium was present at the time.
This latest announcement is an interesting development, while preliminary and more mapping and sampling required could hold a lot of potential once a drill program is organized.
High value rubidium (Rb) and grades would be an added bonus.
Although disgruntled like all other holders/non holders, I still see potential going forward.
The new nickel targets from surveys may contain nickel sulphides, which would be great for the company and SH's.
We also have the Copper drilling results due soon, with some half decent results could push us above 4c again, although I'm not holding my breath.
Yes we need more money soon like every non holder seems to like repeating over and over again. But the projects and potential is there if done correctly.
I'm making a small fortune over at LNR and KFM so can sit tight on my losses on good ol' SGQ.
I'm sure SGQ will come good again, if just a matter of when, not IF in my books.
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