My personal opinion on Caz as a Lithium stock is summed up below from a previous post.
There is not a lot built into the price around the Lithium sites. There is next to nothing really built into the current SP at all except cash on hand and some tenemants. It is still trading at the same price that it was a month before they announced the new sites in Canada.
So why will it increase?
it is inevitable that the helicopters will fly out in the next couple of weeks to James Bay to start assessing the large spud outcrops . . .and and the SP will go up a little as this starts to get going. We will get some pictures from the field with what they are doing. If those pictures have anything to be interested in we may get a spike as others have or may not. But it's unlikely to go backwards.
Assay results from chips will then come in and they will go up a lot . . or plunge back down to the low .2's and we will all eat whiskas for XMAS.
That is it in it's simplistic term. The maths. The MC is on par/low for an org with cash in the bank, they havent had a price run and overshot the mark as they literally havent done much . . and that is why the price is low.
No one cares about the farm ins or Halls Creek, Ashburton etc etc, they are watching Canada. When they start to do something in Canada, the price will respond accordingly up . . then either up or down. The rest is noise.
PS - Bonus if Carb Lake pulls anything interesting meantime but that is a long shot. Also random bonus if someone buys Halls creek, Namibia gets invaded by Aliens, or anything happens in Ashburton/Yabby/Other places no one is interested in. Maybe if they are hit by a meteor with grade etc.
CAZ Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
