PUR 11.1% 0.4¢ pursuit minerals ltd

Not wishing to pour water on the fire, but I'm confused about...

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    Not wishing to pour water on the fire, but I'm confused about the value of these tenements on the Salar de Rio Grande. Plus Petrol acquired the LSC Lithium tenements, which form 95% of the salar surface, meaning the Trilogy islands could have some strategic value to Plus Petrol, but the big acerage is off the salar (to the north-northwest). We may take some comfort that at other salars, companies have acquired tenements at the salar margins or off the salar margins and discovered lithium brine and completed decent resource estimates (though it's questionable how suitable such tenements are for extraction even if using DLE). Also, the resistivity tests by LSC Lithium (below, aligning to north-south drill holes) suggest strong potential for Li-enriched brine to the north (red = brine). Let's see what PUR/Trilogy plan WRT resource evaluation of this large tenement.

    https://hotcopper.com.au/data/attachments/5025/5025212-77b2f2a8c4d4e1fab4fe507467ff1ad7.jpg
 
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