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08/06/23
19:17
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Originally posted by Jason4:
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Hi Paul don't agree with your first point, but do really think its quite significantly under the markets radar. Also the markets recently have lacked volume and struggled for direction. Why would the market have doubt in their success, L1M is surrounded by proven exploration success in the area (LTR, ESS, LRV further north MIN and GAL nickel not too far away). L1M 2001 tenement 5km away from LTR, not a bad punt if you ask me. Also sub $4m EV provides significant upside. Also you mentioned other market nearology stocks trading at higher market caps. Market yet to really pick up on L1M, seems to be lacking volume which is what traders look for. If L1M can discover pegmatites in the next few weeks (good chance of this happening), that alone, should send the price soaring even prior to any assays confirming lithium. This alone will get the markets attention. Seen this in many stocks recently. Good to be making the most of these low prices.
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do u mean “discover” pegmatites meaning Li bearing pegs? Because there’s already pegs there…that’s a given fact.