My instinct is that the share price fall leading upto the Friday announcement could be due some confusion between the lower % Lithium values at Scotty as its a sedimentary deposit compared to higher values typically associated with hard rock deposits. I look upon sedimentary deposits as a defacto lithium brine deposit in a manner of speaking, that is, massive in size but at naturally lower grades than hard rock lithium deposits. Basically, its a market reaction based on flawed logic. In any case, these days Mr Market is more focussed ( albeit too simplistically) on hard rock deposits such as we look to have in James Bay area, Quebec, and where we have very recently commenced maiden drilling.
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Ann: Exploration Target Defined at Scotty Lithium Project, Nevada, page-18
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