Take a look at KGD for an example of beaten-down stock and what can happen to market interest when management puts plans into actual action and decides to
DRILL prospective areas. Wish this mob would stop bragging about how much money they have in the bank and put it to sustained work! “A ship in harbour is safe, but that is not what ships are built for.” As
@Petertkd has pointed out, we have some very prospective grounds," with a boat full of cash! Enough of the spin and fluff, let the drills do the talking! I get it, failing to plan is planning to fail, but gee, it may be argued they've been "planning" lots over the years, with no real urgency. Put the money to work and get the drills turning, generate sustained interest, convert those options, top up the coffers....rinse and repeat (results pending of course
). I know spec market conditions haven't been the greatest and I know, it's easy from here......but if the drill sings! Armchair rant over, GLTAH!
Well almost over; An update on the following wouldn't go astray about now, almost three months since their response to the asx price query, and still no boots on the ground? Did someone say we are waiting on for results of an EM survey here?
(*Source; map posted on X by @1aday7)
Further Newsflow to the above and planned work that may move the dial for us near term?
CORVETTE RIVER LITHIUM: A total of 63 samples of coarse-grained pegmatite from 21 identified pegmatite outcrops have
been submitted for lithium and associated elements analysis,
with results expected shortly.
LAC RAINY GRAPHITE: Priority new drilling programs are planned to test the key, high-grade, graphitic trends targeting greatly
expanded resource potential as well as an increased overall grade. Permit applications have been submitted to the Quebec Government for approval of a
drilling program to commence during the winter drilling season at the project – which runs from November 2023 to March 2024.
MURCHISON GOLD PROJECTS: Field programs are underway to investigate interpreted greenstones prospective for gold and lithium.
