CY5 General Discussion, page-331

Thanks Malibu

Just going through that list for ones not already signed up for the Malibu Cup.

BMO - Bastion Minerals mc = $5m - Ontario X
EQN - Equinox Resources mc = $13m - Ontario X
HTM - High-Tech Metals mc = $7m - Ontario X
IEC - Intra Energy Corporation mc = $4m - Africa XX!
MHC - Manhattan Corporation mc = $16m - Nova Scotia X
MPG - Many Peaks Gold mc = $14m - Newfoundland X
RB6 - Rubix Resources mc = $6m - yes, Quebec, another DGRM deal, and as you identified they just announced it today.
SLZ - Sultan Resources mc = $5m - Ontario X

I did a quick and dirty check looking at each company's project list and their recent announcements. So I might have missed something but my guess is either that twit (tweeter?) had inside info about Rubix or they just fluked it seeing the deal was only announced today. I won't knock anyone who puts in the hard yards with research but the compiler of that list needs to understand that Quebec is quite its own jurisdiction and Ontario is not Quebec.

I read a Canadian Government report from a few years back that concluded that something like 90% of known spodumene in Canada is in Quebec and it is becoming fairly clear that when lithium is found in the other provinces those finds are more likely to be smaller in size. Quebec is THE jurisdiction for elephants. I suppose there might be big deposits elsewhere in Canada heavily under cover or maybe at depth but there is a saying that the real monster discoveries typically are made early simply because they stand out so clearly. I recall that Corvette was picked up by looking at satellite photos and Winsome's Cancet was seen from the highway. Not always the case obviously, but typically.

I still hold some Cygnus but will wait and watch and see what they say about Auclair.