Ann: Crescent Lake Lithium Deposits Acquisition - Canada-SOC.AX, page-68

Hi Doncico

It is because I like the Mt Adrah/Halls Peak assets that I am willing to defend this company.

There has been some good analysis on the 2 Li options in previous posts and it is obvious the options are not commercial.... those people who support the proposals have not come to this forum with any favorable analysis which might give the proposed acquisitions credibility [despite having every opportunity to do so].

The cash in the bank will not last long if SOC exercise the options. This latest proposal to buy the tenements in Canada will use up half the money all by itself.... which basically means yet another CR almost immediately [at this very low SP] to fund exploration. Meanwhile what about Mt Adrah/Halls Peak?

To justify spending the money in this way it requires the Li options to be standouts .... and they are not. ADV holds the ground next door to the tenements optioned by SOC... they just spent $2M and basically confirmed it is not economic. The posts put up about the Nevada option are clear enough... and again there is nobody putting up analysis which supports the case for acquisition.