SUM 14.0% 24.5¢ summit minerals limited

Ann: Further High Grade Assays increase prospectivity at Equador, page-50

  1. 42 Posts.
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    I'm not sure what else investors are looking for.

    They are systematically exploring the Equador tenement, and will move to sampling, met test and drilling. The system is clearly mineralized across 3km and drilling will prove whether there is economic tonnage. Artisanal mines are another good indication that it is probably economic, at least at a small scale.

    Then I expect the Juazerinho Prospect field to commence which is also highly prospective. Then there are the Lithium Valley Projects to come before the end of the year.

    I agree that market and promotion can distort the price action in the short term, but for investors, the prize should be a resource that can actually be mined one day. Remember most of the worlds Tantalum (majority of Primary resource production) and Niobium (80% of global production) comes from Brazil.
 
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