General Discussion Topics, page-86377

Well mate . You don't have to preach to the converted. And I was never one of those who ever said it was a bad deal. In fact I was the one who compared the cost per tonne of JORC to various peers at the time as well as having researched the grades and geology in the area even before the deal had been done. Sure I questioned the value in light of the direct comparisons to Frontier and Sigma at the time , but only in the context of the HUGE discrepancy at the time.

Mostly though , I defended the price paid when others like you said stated that we'd paid too much.

I was a very strong proponent of Troilus at the time , and in fact called the tie-up long before it actually came to be.

However , what you say in regards to the area just reinforces my point here

Because as of last night you could have bought the ENTIRE operations of either , or ALL 3 for that matter of Vision Lithium Inc currently valued at C$38.35 million with its 4 quality lithium projects nearology projects with VAST tracks of land , X-terra Resources Inc with their 6 odd lithium projects for C$11.63 million with its IMMEDIATE nearology to Winsome as well as strike to PMT , and Clarity Metals Corp for C$8.44 million with all of its nearology locations to PMT and Critical Minerals.

So effectively more than 11 or more HIGH QUALITY Quebec lithium projects , AND all of them for LESS than the circa $60 million we paid for Troilus surrounding tenements and the 9.26% stake in Troilus.

So my point here is that it not only does equate to something HUGE ......but it MUST equate to something huge. Whether that accounts for the ON-SELL of a certain portion of these tenements or translates to the entertaining of another JV partner like RIO or Sumitomo Metals .....or another player of similar sizing. It almost has to be HUGE now.

Because if it isn't HUGE , it's just a bad deal when you compare it to the others right

Maybe it means we will be ' Compensated ' in some way by SOQUEM. Like inheriting the remaining 40% of Moblan for significantly less than what we paid for the 60% to rid the project of the Chinese.