the way ELM management are going about business is highly professional. the way they report is conservative. they are not blowing a trumpet like others. they are underpromising and over delivering.
everyone has heard of STB but nobody has heard of ELM yet. But they will soon with roadshows planned.
STB's grades as GT has pointed out are poor in comparison. there is no guarantee that their project will be economic.
It is possible that dougou is connected to Kola which could give us a 1 billion tonne sylvinite resource in the future but we need to be patient as drilling unfolds.
in the short term with more drilling results and an initial inferred jorc to come there is alot to be excited about with this project.
K2P Price at posting:
$1.28 Sentiment: LT Buy Disclosure: Held
